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HTS Code · Heading 7203 · Iron and Steel

7203

Ferrous products obtained by direct reduction of iron ore and other spongy ferrous products, in lumps, pellets or similar forms; iron having a minimum purity by weight of 99.94 percent, in lumps, pellets or similar forms:

Estimated Total Duty

85% from China

Free MFN base + 25% 301 + 10% S122 + 50% S232. Stacked per the centralized 2026 program snapshot.

Tariff Details
HS Code
7203
Description
Ferrous products obtained by direct reduction of iron ore and other spongy ferrous products, in lumps, pellets or similar forms; iron having a minimum purity by weight of 99.94 percent, in lumps, pellets or similar forms:
General Duty Rate
Free
Unit of Quantity
Not specified
Section
Section 15
Last Updated
April 10, 2026
Tariff by Country of Origin
OriginMFN BaseStacked ProgramsEst. Total
ChinaFree
301 +25%S122 +10%S232 +50%
85%
Mexico (USMCA)Free
S232 +50%
50%
Canada (USMCA)Free
S232 +50%
50%
VietnamFree
S122 +10%S232 +50%
60%
Germany (EU)Free
S122 +10%S232 +50%
60%
IndiaFree
S122 +10%S232 +50%
60%
South KoreaFree
S122 +10%S232 +50%
60%
Totals are estimates. USMCA origins assume the good qualifies under rule-of-origin. Final landed cost depends on MPF, HMF, and any exclusions \u2014 run the full calculator.
All Additional Tariff Rates on This Code
Section 301 (China)
+25%
Section 122 Surcharge
+10%
Section 232
+50%

Read the full guide

Section 232 Steel & Aluminum Tariffs — 2026 Guide

How the current Section 232 buckets apply to primary and derivative steel.

Frequently Asked Questions