HS Code 7112

Precious Metal Waste and Scrap

HS code 7112 covers waste and scrap of precious metals or precious-metal-clad materials used primarily for the recovery of gold, silver, or platinum.

4-digit Section XIVFCL

HS Code 7112 — Precious Metal Waste and Scrap

This code covers residues, scrap, and waste containing precious metals or precious metal compounds. It is primarily destined for refineries to recover gold, silver, or platinum and excludes electronic waste already classified under section 85.49.

What's included

  • Gold jewellery scrap
  • Spent silver catalysts
  • Platinum filings
  • Precious metal ash

What's excluded

  • Electronic waste → use 8549 (Specific HS 2022 changes moved most electrical scrap to heading 85.49.)

Common examples

  • Scrap gold rings for melting
  • Industrial silver sludge
  • Waste platinum laboratory crucibles
  • Spent palladium catalysts for recovery

Frequently asked questions

Does this cover broken iPhones for gold recovery?

No, most electronic waste is now classified under HS code 8549.

Trade & shipping notes

  • Typical duty range: 0%
  • Documentation: May require environmental permits for transboundary movement of hazardous waste.
  • Typical shipping mode: FCL
  • Top exporters: United States, United Kingdom, Canada
  • Top importers: Japan, Germany, Belgium

Key takeaway

Essential for the recycling industry, focusing on materials where the valuable content is the recoverable precious metal.

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