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HS 7403.11Metals

HS Code for Copper Cathodes LME Grade A (HS 7403.11)

Electrolytically refined 99.99% Cu cathodes to BS EN 1978:1998 (Cu-CATH-1) are the deliverable form for LME copper contracts. Chile (Codelco), Zambia and DRC dominate exports. Priced as LME 3-month cash + regional premium (Yangshan, CIF Rotterdam, MJP). CIF China premium is the single most-watched spot indicator.

Reviewed against WCO HS · WTO IDB · National customs schedules5 authoritative sourcesLast reviewed July 2026

Sample 6-digit codes

CodeDescription
7403.11Refined copper, cathodes and sections of cathodes
7403.13Refined copper, billets
7403.19Refined copper, other unwrought
Need to check a specific code? Use the free HS code lookup tool.

Typical import duty by market

MarketDuty
China
0%
Zero-rate to feed downstream mills.
European Union
0%
United States
0%
India (BCD)
5%

Worked landed-cost example

25 MT (1 x 20'GP) Codelco 'CCC' brand, FOB San Antonio USD 9,450/MT (LME + USD 80 prem), CIF Shanghai

FOBUSD 236,250
Freight + insuranceUSD 3,200
CIFUSD 239,450
China dutyUSD 0
VAT 13% on CIF+duty (recoverable input)USD 31,129
China gross landed USD 270,579; net-of-VAT working cost USD 239,450.
Run your own numbers in the import duty & tax calculator.
Regulatory checkpoints
  • · BS EN 1978:1998 (Cu-CATH-1) LME Good Delivery.
  • · LME approved brand list (updated quarterly).
  • · Basel Convention if scrap-derived - not applicable to primary cathode.
Top exporting countries
  • · Chile
  • · DR Congo
  • · Zambia
  • · Peru
  • · Kazakhstan

Frequently asked questions

Why does the Yangshan premium matter?

The Yangshan premium (bonded warehouse premium over LME) is the closest proxy for real-time Chinese import demand. Widening premium >USD 100/MT typically presages stockpiling and stronger LME; collapsing premium <USD 30/MT signals demand weakness.

Destination market toolkits

Country-specific duty, VAT/GST and Incoterms practice for the top destinations for metals.

Metals landed-cost pages: every destination market

Jump straight to the metals import guide for any of the destination markets we cover.

Related commodity guides

Related tools

Sources & citations

Duty rates and regulations compiled from WCO HS, WTO integrated database, national customs authorities and published FTA schedules. Provided for decision-support only - confirm the 10-digit line and current preferential status with your licensed customs broker before acting.

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