Producers of tool steels, stainless steels and high-strength low-alloy steels buy ferro-moly.
HSN code 72027000 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-molybdenum, an alloy of iron and molybdenum used to add corrosion resistance and strength to alloy and stainless steels.
Pack in drums or steel cases with assay certificates for molybdenum content, given high value per tonne.
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 72027000 is classified as Free under DGFT ITC(HS) policy, so it can be exported from India without an export license or permit.
Ferro-molybdenum is classified in this sub-code.
HSN 72027000 falls under Chapter 72 and Heading 7202 of India's customs tariff schedule.
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