HS Code for Iron & Steel (Chapter 72)
Chapter 72 covers primary iron and non-alloy/alloy steel semis and long/flat products. Nominal MFN duties are modest, but anti-dumping, countervailing and safeguard duties dominate the landed cost story.
Sample 6-digit codes
| Code | Description |
|---|---|
| 7208.39 | Flat-rolled steel, hot-rolled, ≥ 600mm wide, thickness < 3mm |
| 7209.17 | Flat-rolled steel, cold-rolled, ≥ 600mm wide, 0.5-1mm |
| 7213.91 | Bars and rods, hot-rolled, circular cross-section < 14mm |
| 7214.20 | Bars and rods, deformed (rebar) |
| 7217.10 | Wire of iron/non-alloy steel, not plated |
| 7225.30 | Flat-rolled alloy steel, hot-rolled, ≥ 600mm wide |
Typical import duty by market
| Market | Duty |
|---|---|
| United States | 0% MFN + Section 232 25% Section 232 quota/tariff still in force for several origins. |
| European Union | 0% MFN + Safeguard TRQ EU steel safeguard runs to June 2026. |
| India (BCD) | 7.5% - 12.5% |
| UAE | 5% |
Numerical Example: 500 MT HR coil (HS 7208.39), CIF Los Angeles USD 300,000 - India origin
500 MT HR coil (HS 7208.39), CIF Los Angeles USD 300,000 - India origin. Run your own numbers in the Import Duty & Tax calculator.
- · US Section 232 quotas / country-specific TRQs.
- · EU Carbon Border Adjustment Mechanism (CBAM) - default reporting since Oct 2023, financial obligation from Jan 2026.
- · India BIS mark under Steel Quality Control Order.
- · Anti-dumping duty on specific origins - always check latest DGTR / DG TRADE / USITC notifications.
- · China
- · Japan
- · Russia
- · South Korea
- · Germany
- · India
- · Turkey
Frequently asked questions
The EU Carbon Border Adjustment Mechanism applies to iron/steel, aluminium, cement, fertilisers, electricity and hydrogen. Chapter 72 is largely in scope. Importers must report embedded emissions from Oct 2023; financial payments start Jan 2026.
They apply on top of MFN duty and can range from 5% to 250%+. They are origin-specific (not just shipping port), so verify the manufacturer certificate before booking.
Import duty and tax by destination market
Typical MFN duty, consumption tax and the tax base applied to metals (HS 72) in each market we cover. Rates are indicative at the 6-digit line | confirm the national 8/10-digit code with your broker.
| Market | Duty | Consumption tax | Tax base | Tax as % of CIF |
|---|---|---|---|---|
| India | 7.5% | IGST 18% | Assessable value + duty | 27.1% |
| United Arab Emirates | 5% | VAT 5% | CIF + duty | 10.3% |
| Saudi Arabia | 5% | VAT 15% | CIF + duty | 20.8% |
| Singapore | 5% | GST 9% | CIF + duty | 14.4% |
| China | 5% | VAT 13% | CIF + duty | 18.6% |
| United States | 0% | Federal VAT 0% | CIF | 0.3% |
| United Kingdom | 5% | VAT 20% | CIF + duty | 26.0% |
| Germany | 5% | USt 19% | CIF + duty | 24.9% |
| Netherlands | 5% | BTW 21% | CIF + duty | 27.1% |
| Vietnam | 5% | VAT 10% | CIF + duty | 15.5% |
| Türkiye | 15% | KDV 20% | CIF + duty | 38.0% |
| Japan | 5% | JCT 10% | CIF + duty | 15.5% |
| South Korea | 5% | VAT 10% | CIF + duty | 15.5% |
| Brazil | 12% | IPI+PIS/COFINS+ICMS 32% | CIF + duty | 47.8% |
| Indonesia | 5% | PPN 11% | CIF + duty | 19.1% |
| Mexico | 5% | IVA 16% | CIF + duty | 22.7% |
| Egypt | 5% | VAT 14% | CIF + duty | 19.7% |
| Nigeria | 5% | VAT 7.5% | CIF + duty | 14.5% |
| South Africa | 5% | VAT 15% | Assessable value + duty | 22.8% |
| Australia | 5% | GST 10% | CIF + duty | 15.5% |
Run your own numbers with the landed cost calculator or check documentation requirements in the LC document checklist.
In-depth corridor guides
Full documentation, duty and worked landed-cost breakdowns for the corridors we handle client paperwork on.