Panama HS CodeHS Code 720450: Remelting scrap ingots of iron or steel (excl. products whose chemical composition conforms to the definitions of pig iron, spiegeleisen, or ferro-alloys) in Panama
What is HS Code 720450 in Panama
Under Panama's Arancel Nacional de Importación (Arancel Nacional), HS Code 720450 is the WCO Harmonized System subheading for Remelting scrap ingots of iron or steel (excl. products whose chemical composition conforms to the definitions of pig iron, spiegeleisen, or ferro-alloys). This is the most detailed internationally standardized level; Panama extends classifications to 8 digits under its national tariff system. 720450 belongs to Section XV: Base metals and articles of base metal, Chapter 72: Iron and steel, Heading 7204: Ferrous waste and scrap; remelting scrap ingots of iron or steel.
Explore more 2026 Latest Panama import export trade data and shipment records for HS Code Remelting Scrap Ingots on TradeInt global trade data platformClassification Path of HS Code 720450 in Panama
Panama Tariff Classification: Arancel Nacional de Importación (HS-PA)
In Panama, HS 720450 is classified under the Arancel Nacional de Importación (Arancel Nacional) — a 8-digit national extension of the WCO 6-digit Harmonized System.
Tariff schedule Arancel Nacional de Importación (HS-PA)
Local name Arancel Nacional
Digits 8
Official source https://www.ana.gob.pa/
Top Trading Product of HS Code 7204
Top Panama import Product Under HS Code 7204
1 720410: "Waste and scrap, of cast iron ""ECSC"" (excl. radioactive)" $203.9K2 720441: "Turnings, shavings, chips, milling waste, sawdust, filings, trimmings and stampings of iron or steel, whether or not in bundles ""ECSC"" (excl. those of cast iron, alloy steel or tinned iron or steel)" $65.3K3 720430: "Waste and scrap of tinned iron or steel ""ECSC"" (excl. radioactive, and waste and scrap of batteries and electric accumulators)" $42.7KFigures shown for 2024.
For more 2026 recent data, search for Panama import trade recordsTop Panama export Product Under HS Code 7204
1 720410: "Waste and scrap, of cast iron ""ECSC"" (excl. radioactive)" $37.8M2 720430: "Waste and scrap of tinned iron or steel ""ECSC"" (excl. radioactive, and waste and scrap of batteries and electric accumulators)" $4.5M3 720449: "Waste and scrap of iron or steel ""ECSC"" (excl. slag, scale and other waste of the production of iron and steel; radioactive waste and scrap; fragments of pigs, blocks or other primary forms of pig iron or spiegeleisen; waste and scrap of cast iron, alloy steel or tinned iron or steel; turnings, shavings, chips, milling waste, sawdust, filings, trimmings and stampings; waste and scrap of primary cells, primary batteries and electric accumulators)" $3.7MFigures shown for 2024.
For more 2026 recent data, search for Panama export trade recordsRelated HS Code to Panama Remelting Scrap Ingots (720450)
HS Code 72045000
Desperdicios y desechos (chatarra), de fundición, hierro o acero; lingotes de chatarra de hierro o acero: Lingotes de chatarra
HS Code 720410
"Waste and scrap, of cast iron ""ECSC"" (excl. radioactive)"
HS Code 720421
"Waste and scrap of stainless steel ""ECSC"" (excl. radioactive, and waste and scrap of batteries and electric accumulators)"
HS Code 720429
"Waste and scrap of alloy steel ""ECSC"" (excl. stainless steel, and waste and scrap, radioactive, or waste and scrap from batteries and electric accumulators)"
HS Code 720430
"Waste and scrap of tinned iron or steel ""ECSC"" (excl. radioactive, and waste and scrap of batteries and electric accumulators)"
HS Code 720441
"Turnings, shavings, chips, milling waste, sawdust, filings, trimmings and stampings of iron or steel, whether or not in bundles ""ECSC"" (excl. those of cast iron, alloy steel or tinned iron or steel)"
HS Code 720449
"Waste and scrap of iron or steel ""ECSC"" (excl. slag, scale and other waste of the production of iron and steel; radioactive waste and scrap; fragments of pigs, blocks or other primary forms of pig iron or spiegeleisen; waste and scrap of cast iron, alloy steel or tinned iron or steel; turnings, shavings, chips, milling waste, sawdust, filings, trimmings and stampings; waste and scrap of primary cells, primary batteries and electric accumulators)"
HS Code 720110
"Non-alloy pig iron in pigs, blocks or other primary forms, containing, by weight, <= 0,5% of phosphorous ""ECSC"""
HS Code 720120
"Non-alloy pig iron in pigs, blocks or other primary forms, containing by weight >= 0,5% phosphorus ""ECSC"""
HS Code 720150
"Alloy pig iron and spiegeleisen, in pigs, blocks or other primary forms ""ECSC"""
Frequently Asked Questions
What is HS code 720450 in Panama?
HS code 720450 covers Remelting scrap ingots of iron or steel (excl. products whose chemical composition conforms to the definitions of pig iron, spiegeleisen, or ferro-alloys) in Panama. It sits in Chapter 72 (Iron and steel), Heading 7204 of the Harmonized System, and is classified under HS-PA.
Is HS code 720450 the same across all countries?
What system does Panama use to classify HS code 720450?
Where can I officially look up HS code 720450 in Panama?