Question 1

What is the duty rate for ferrous products obtained by direct reduction of iron ore?

Accepted Answer

The general duty rate for HTS code 7203.10.00.00 (Ferrous products obtained by direct reduction of iron ore) is Free. Additional tariffs may apply depending on the country of origin, including Section 301, reciprocal, and Section 232 tariffs.

Question 2

What is HS code 7203.10.00.00?

Accepted Answer

HS code 7203.10.00.00 classifies "Ferrous products obtained by direct reduction of iron ore" under Chapter 72 (Iron and Steel). This code is used for U.S. customs classification and duty assessment.

Question 3

Does ferrous products obtained by direct reduction of iron ore have Section 301 tariffs?

Accepted Answer

Yes, ferrous products obtained by direct reduction of iron ore (HS 7203.10.00.00) is subject to Section 301 tariffs of 25% when imported from China.

7203.10.00.00

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