The HS Code 73259100 refers to a specific category of products known as iron or steel, cast grinding balls and similar articles for mills. This code is used to classify and track the import and export of these products across different countries.
Iron or steel grinding balls are commonly used in various industrial applications, particularly in the mining and milling industries. They are designed to crush and grind materials such as minerals, ores, and rocks to a finer consistency. These grinding balls are typically made from high-quality iron or steel and are cast into spherical shapes to ensure efficient grinding performance.
When it comes to international trade, countries often impose tariffs or duties on imported goods to protect domestic industries or generate revenue. The bound or most-favored-nation (MFN) duty rate for HS Code 73259100 is 2.9%. This means that every time a country lowers a trade barrier or opens up a market, it has to apply the same duty rate to all its trading partners for the same goods or services.
The quantity unit for HS Code 73259100 is kilograms (KG). This unit of measurement is used to calculate the weight of the imported or exported grinding balls.
There are also special tariff preference programs that provide certain countries with preferential treatment or exemptions from duties. For HS Code 73259100, the following countries enjoy tariff preferences:
Importing US states that receive iron or steel, cast grinding balls, and similar articles for mills include Alaska. These states import these products for various purposes, including industrial applications and manufacturing processes.
As for exporting US states, the data is not available. However, it is worth mentioning that the United States is a major exporter of various steel and iron products, including grinding balls, to meet global demand.
HS Code 73259100 represents iron or steel, cast grinding balls, and similar articles for mills. These products play a crucial role in industrial processes, especially in the mining and milling industries. The code is used to classify and track the import and export of these products, with specific duty rates and tariff preference programs applicable. Understanding the HS code and its associated information is essential for businesses involved in the international trade of grinding balls.