I’m recently planning to venture into the entrepôt trade of metals, but I’m not entirely clear about which specific metals are included in this business. Could anyone advise on what types of metals are typically covered in entrepôt trade? I’d appreciate a detailed breakdown, including both common and uncommon metals, to help with my market research and business planning. Thanks in advance for your expertise!
Planning to start a metal import business and want to understand the market rates for metal import agency fees, including fee calculation methods and differences in agency fees for various metals. The best answer indicates that there is no fixed standard for metal import agency fees, as they are influenced by factors such as cargo value, type, import complexity, import volume, and transportation method. Zhongshitong typically charges a 2%-3% agency fee based on cargo value for regular metal imports, with specifics determined by actual business conditions.
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Professional consultant answers
Amanda YangYears of service：3Customer Rating：5.0
Cost control consultantConsult
Entrepôt trade metals cover a broad range. First, ferrous metals: iron is the most common, widely used in industries like construction and machinery manufacturing. Steel, made by adding other elements to iron, comes in various grades suitable for different applications.
Non-ferrous metals are also significant. Copper, with excellent conductivity, is often used in electrical equipment and cable manufacturing. Aluminum, lightweight and corrosion-resistant, is common in aerospace and architectural decoration.
Precious metals also play a role in entrepôt trade, such as gold and silver, which are not only used in jewelry but also in electronics and chemical industries. Platinum group metals like platinum and palladium are critical for automotive exhaust purification and chemical catalysis. Rare metals like lithium are in high demand for batteries, while rare earth metals, with unique physical and chemical properties, are indispensable in high-tech industries like electronics and.
Michelle ChenYears of service：3Customer Rating：5.0
Business coordination consultantConsult
Common entrepôt trade metals, beyond those mentioned, include zinc, primarily used in galvanization to prevent rust, with applications in everyday products and construction materials. Tin is also common, used for solder in electronics and for food packaging.
William YangYears of service：5Customer Rating：5.0
International logistics consultantConsult
Nickel is another entrepôt trade metal, enhancing steel’s strength and corrosion resistance, often used in stainless steel production for industries like and marine engineering. Magnesium, lightweight, is used in for aerospace and automotive manufacturing to reduce weight.
Elizabeth LiYears of service：3Customer Rating：5.0
Compliance and risk managerConsult
Titanium is also in entrepôt trade. With high strength, low density, and corrosion resistance, it’s widely used in aerospace and, such as aircraft engine components and artificial joints. Tungsten, with an extremely high melting point, is used for filaments and hard alloys in machining and mining.
Emily LiuYears of service：10Customer Rating：5.0
Settlement and payment expertConsult
Molybdenum shouldn’t be overlooked in entrepôt trade metals. It improves steel’s strength and toughness, widely used in and industries for alloy and stainless steel production. Bismuth has unique properties for and electronic ceramics.
Robert ChenYears of service：6Customer Rating：5.0
Customer service consultantConsult
Cobalt in entrepôt trade is often used for high-temperature alloys and magnetic materials in aerospace and electronics. Indium is used in LCD displays for the industry.
Andrew HuangYears of service：7Customer Rating：5.0
Supply chain optimization expertConsult
Antimony in entrepôt trade is used for flame retardants in plastics and rubber, as well as alloys. Germanium is for semiconductors in electronics and optics.
Jennifer WangYears of service：4Customer Rating：5.0
Market development consultantConsult
Cadmium is used in nickel-cadmium batteries and alloys, though its toxicity limits usage. Beryllium is used in for aerospace and electronics.
David LiYears of service：6Customer Rating：5.0
Senior customs declaration consultantConsult
Tantalum is used for capacitors in electronics and/ industries. Niobium is added to steel to enhance strength and toughness for construction and machinery.
Sarah ZhangYears of service：8Customer Rating：5.0
Document expertConsult
Gallium in entrepôt trade is for semiconductor compounds in optoelectronics and. Rhenium is used for high-temperature components, vital in aerospace.