7204.50.00.00 - Remelting scrap ingots

This HTS category, 7204.50.00.00, specifically encompasses remelting scrap ingots of iron or steel. These are distinct from general waste and scrap as they are cast into ingot form, often with a standardized size and composition, specifically for the purpose of being re-melted and reused in the production of new iron and steel products. The key characteristic here is the deliberate shaping into ingots for remelting, differentiating them from loose, unprocessed scrap.

Unlike sibling categories such as waste and scrap of cast iron (7204.10.00.00), waste and scrap of tinned iron or steel (7204.30.00.00), or the broader categories of alloy steel scrap and other waste and scrap, remelting scrap ingots are distinguished by their processed ingot form. While the other categories deal with various forms of discarded iron and steel materials, this classification focuses on a specific intermediate product prepared for recycling. The defining factor is the remelting purpose, indicated by the ingot shape.

As this is a leaf node, there are no further subdivisions under this HTS code. Therefore, the classification of goods under 7204.50.00.00 relies heavily on verifying that the material is indeed in ingot form and is clearly intended for remelting into new iron or steel. Importers should ensure that documentation supports this intended use and that the physical characteristics align with the definition of a remelting scrap ingot, rather than a less processed form of scrap.