7204.41.00.40 - No. 2 bundles

This HTS subheading, 7204.41.00.40, specifically classifies No. 2 bundles of turnings, shavings, chips, milling waste, sawdust, filings, trimmings, and stampings of iron or steel. These are byproducts generated from machining, cutting, or shaping iron and steel materials. The "No. 2 bundles" designation typically refers to a specific size, density, or quality of bundled scrap, distinguishing it from other presentations within the broader category of processed ferrous scrap.

It is important to differentiate this category from its sibling, 7204.41.00.20, which covers No. 1 bundles of similar processed scrap. The distinction between "No. 1" and "No. 2" bundles is usually based on factors such as the degree of processing, the size of the individual pieces within the bundle, and their suitability for direct remelting versus requiring further preparation. This subheading does not have further subdivisions, meaning it is a terminal classification for this specific type of ferrous waste and scrap.

The parent categories, "Other waste and scrap" and ultimately "Ferrous waste and scrap; remelting scrap ingots of iron or steel," establish that the items classified here are intended for recycling or remelting. Therefore, the physical form as bundled turnings, shavings, etc., is the key criterion for classification under 7204.41.00.40, provided they meet the established criteria for "No. 2 bundles."