Special Summary Steel Invoice

Summary of Special Summary Steel Invoice

A special form of customs invoice required by the United States for importations of steel, or for an imported product made substantially of steel where the value of the goods exceeds $10,000 ($5,000 if from a contiguous country). The Special Invoice Form 5520 is filed in duplicate at the time of the entry summary, and the following information is required in addition to the normal commercial information: date the price terms were established; base price for each steel category; American Iron and Steel Institute category of the product(s) imported; cost and description of “extras”(i.e., any fabrication or manipulation of the product, other than cutting to width or length); and name of the producer and importer and the price paid by the first unrelated purchaser in the United States.

The products requiring submission of the special summary steel invoice are:

1. Ingots, blooms, billets, slabs, etc.

2. Wire rods.

3. Structural shapes, plain 3 inches and over.

4. Sheet piling.

5. Plates.

6. Rail and track accessories.

7. Wheels and axles.

8. Concrete reinforcing bars.

9. Bar shapes under 3 inches.

10. Bars, hot rolled, carbon.

11. Bars, hot rolled, alloy.

12. Bars, cold finished.

13. Hollow drill steel.

14. Welded pipe and tubing.

15. Other pipe and tubing.

16. Round and shaped wire.

17. Flat wire.

18. Bale ties.

19. Galvanized wire fencing.

20. Wire nails.

21. Barbed wire.

22. Black plate.

23. Tin plate.

24. Terne plate.

25. Sheets, hot rolled.

26. Sheets, coated, alloy.

27. Sheets, coated in-cluding galvanized.

28. Strip, hot rolled.

29. Strip, cold rolled.

30. Strip, hot and cold alloy, rolled.

31. Sheets, other, electric, coated.

(Main Author: William J. Miller)