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HSChapter 71
U.S. exports of precious metal waste and scrap, nesoi (HS 711299) totaled $351.6M in July 2026.
Importers of Precious Metal Waste and Scrap, NESOI paid $51K in duties in July 2026 — an effective duty rate of 11% on $455K in dutiable value, based on actual customs collections rather than the published tariff schedule. Precious Metal Waste and Scrap, NESOI imports of $18.6M in July 2026 ran 21% below the year-to-date monthly average of $23.5M.
Last updated: July 2026 dataResidual precious-metal scrap not covered by the gold, platinum, or ash headings — including silver scrap, palladium scrap, mixed sweepings from jewelry workshops, and metal clad with precious metals other than gold or platinum — consolidates into a single 10-digit line (7112990100). Canada and Mexico are the leading US suppliers, reflecting the volume of jewelry manufacturing and precious-metal fabrication activity in North America that generates recoverable scrap. The NESOI designation means classification here is appropriate only after confirming the material does not fit a more specific precious-metal scrap heading. Silver scrap is a particularly common commodity in this residual category, and its valuation should be supported by assay documentation referencing recognized silver spot prices.
AI-written summary of the official U.S. Census Bureau trade figures on this page — verify before relying on it.
125 shipments/mo
Silver scrap — including off-cuts, sprues, and defective silver jewelry pieces — typically classifies under 711299 as precious-metal scrap NESOI, since there is no separate silver-specific scrap heading at the HS6 level equivalent to the gold and platinum headings. Supporting documentation should include a purchase invoice referencing silver content by weight and fineness, an assay certificate, and a benchmark price reference (such as the LBMA silver price) to substantiate customs valuation.
The gold scrap (711291) and platinum scrap (711292) headings both explicitly exclude sweepings containing other precious metals. Declaring mixed-PGM sweepings under one of those specific headings rather than under the NESOI heading (711299) or the ash heading (711230) could result in a CBP classification challenge, potential penalties for misdeclaration, and complications with downstream refinery documentation. Importers handling mixed sweepings should obtain a full assay before filing and consult a licensed customs broker to confirm the correct heading.
Subheading 3 of 4 in heading 7112
Subheading 711299 · $18.6M of $261.9M
ImportsExports
Imports
$18.6MYoY · Pro
Exports
$351.6MYoY · Pro
12-mo low · imports
YoY · ProThrough July 2026. Source: U.S. Census Bureau.
Exports · July 2026
destination
Italy and United Kingdom together take 53% of it.
customs district
origin
entry
rate provision · imports
97.6% enters free of duty; the effective duty rate is 0.27%.
HS10 import codes under this HS6 parent, each with its own page. Source: U.S. Harmonized Tariff Schedule.
| Code | Description | Import Value | Effective Tariff % | Dutiable Share | Duty Collected |
|---|---|---|---|---|---|
| 7112990100 | Wst&scrap of Prec Mtl/Mtl Clad W/Prec Mtl, NESOI | $18.6M | 0.27% | 2.44% | $51K |
HS10 export codes under this HS6 parent, each with its own page. Source: U.S. Schedule B export classification.
| Code | Description | Export Value |
|---|---|---|
| 7112990100 | Wst&scrap of Prec Mtl/Mtl Clad W/Prec Mtl, NESOI | $351.6M |
Import lines come from the U.S. Harmonized Tariff Schedule and export lines from Schedule B. The two are numbered by different agencies, so the same 10-digit code can appear in both tables describing a different product.
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