The HS Code 26131000: Molybdenum Ores and Concentrates, Roasted
Molybdenum ores and concentrates, roasted, fall under HS Code 26131000. This HS Code is used to classify and identify specific products for international trade purposes. In this article, we will explore the details of this HS Code and provide information on its product description, duty rates, quantity unit, special tariff preference programs, as well as the importing and exporting US states.
Product Description:
Molybdenum ores and concentrates, roasted, are a type of mineral resource that contains molybdenum. Molybdenum is a silvery-white metal with a high melting point and excellent corrosion resistance. It is primarily used in the production of various alloys, including stainless steel, as well as in the manufacturing of catalysts, lubricants, and pigments.
Bound / MFN Duty Rate:
The bound or most-favored-nation (MFN) duty rate for products falling under HS Code 26131000 is 12.8 cents per kilogram (kg) on the molybdenum content. Additionally, a 1.8% duty rate is applied whenever a country lowers a trade barrier or opens up a market, ensuring equal treatment for all trading partners in terms of goods or services.
Quantity Unit:
The quantity unit for molybdenum ores and concentrates, roasted, is kilograms (KG). This unit is used to measure the weight or mass of the product during import or export transactions.
Special Tariff Preference Programs:
There are several special tariff preference programs applicable to molybdenum ores and concentrates, roasted, under HS Code 26131000. These programs provide specific benefits or exemptions from duties for eligible countries. The programs and their corresponding rates include:
1. Free:
- A+
- AU
- BH
- CA
- CL
- D
- E
- IL
- J
- JO
- MA
- MX
- OM
- P
- PE
2. 1.6?/kg on molybdenum content + 0.2%:
- SG (Singapore Special Rate)
Further details regarding the specific eligibility criteria and conditions for each program can be obtained from the respective trade authorities or customs departments.
Importing US States:
In the United States, molybdenum ores and concentrates, roasted, classified under HS Code 26131000, are primarily imported by the state of Louisiana. This indicates the significance of Louisiana's industrial and manufacturing sectors that require molybdenum as a raw material for various applications.
Exporting US States:
Molybdenum ores and concentrates, roasted, classified under HS Code 26131000, are exported from the following US states:
- Alaska
- Idaho
- Missouri
- Alaska (Note: Alaska is mentioned twice in the data, indicating its importance as an exporting state)
- Iowa
These states play a crucial role in the international trade of molybdenum ores and concentrates, contributing to the global supply chain and meeting the demand for this valuable mineral resource.
HS Code 26131000 represents molybdenum ores and concentrates, roasted. Understanding this HS Code is essential for international trade professionals, importers, exporters, and customs authorities. The information provided in this article regarding the product description, duty rates, quantity unit, special tariff preference programs, and importing/exporting US states aims to enhance knowledge and facilitate smooth trade operations related to molybdenum ores and concentrates.
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