Stainless steel producers buy ferro-nickel as a lower-cost nickel source than pure nickel.
HSN code 72026000 is classified as Free under India's DGFT ITC(HS) export policy — no export license is required.
This product may be freely exported/imported from India without a license.
HSN Code Details
Ferro-nickel, an iron and nickel alloy usually containing 20 to 40 percent nickel, used to add nickel to stainless and alloy steels.
Ship in bulk or bags with assay reports and note that nickel price movements drive valuation.
Related HSN Codes (Heading 7202)
- 7202, the following rule should be observed: A ferro-alloy is considered as binary and classified under the relevant sub-heading (if it exists) if only one of the alloy elements exceeds the minimum percentage laid down in Chapter Note 1(c); by analogy, it is considered respectively as ternary or quaternFree
- 72021100by weight more than 2 percent of carbonFree
- 72021900Ferro-manganese : -- OtherFree
- 72022100weight more than 55 percent of siliconFree
- 72022900Ferro-silicon : -- OtherFree
- 72023000Ferro-silico-manganeseFree
Frequently Asked Questions
No. HSN 72026000 is classified as Free under DGFT ITC(HS) policy, so it can be exported from India without an export license or permit.
Ferro-nickel is classified in this line.
HSN 72026000 falls under Chapter 72 and Heading 7202 of India's customs tariff schedule.
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