HS Code 7203: Ferrous products obtained by direct reduction of iron ore and other spongy ferrous products, in lumps, pellets or the like; iron having a minimum purity of 99.94%, in lumps, pellets or similar forms
What is HS Code 7203
HS Code 7203 covers Ferrous products obtained by direct reduction of iron ore and other spongy ferrous products, in lumps, pellets or the like; iron having a minimum purity of 99.94%, in lumps, pellets or similar forms. It is a 4-digit heading within Chapter 72 (Iron and steel), Section XV. Its 6-digit subheadings are identical in every HS-adopting country; from the 7th digit onward, each country extends the code for its own tariff and statistics.
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What does HS Code 7203 Ferrous products obtained by direct reduction of iron ore and other spongy ferrous products, in lumps, pellets or the like; iron having a minimum purity of 99.94%, in lumps, pellets or similar forms Cover?
What HS Codes for Iron and Steel Do Not Cover
Chapter 72 covers iron and steel in primary, semi-finished, and basic-product forms. Goods frequently misclassified here but that belong elsewhere include:
Iron and steel articles (finished products)
Chapter 73
Iron ores
Chapter 26
Stainless steel cookware and tableware
Chapters 73, 82
Tools and cutlery of steel
Chapters 82, 83
This list highlights common classification errors only — it is not exhaustive. For binding classification, work with a licensed customs broker or qualified trade compliance professional.