Heading · Section XV

7202: Ferro-alloys

7202
  • FreeUK
  • 0%–7%EU
  • 5%–25%Türkiye
  • 0%–10%USA
  • US$44.6bnWorld trade in 2024

15 subheadings make up heading 7202 in chapter 72 (iron and steel).

In the UK Global Tariff, heading 7202 covers 26 tariff lines and the duty is duty-free.

The EU Combined Nomenclature divides heading 7202 into 22 tariff lines; the duty is between 0% and 7% (average 3.4%). 4 of them are duty-free.

In the Turkish Customs Tariff Schedule, heading 7202 covers 26 tariff lines and the statutory rate is between 5% and 25%.

The Harmonized Tariff Schedule of the United States divides heading 7202 into 24 tariff lines; the duty is between 0% and 10% (average 3.3%). 2 of them are duty-free.

World trade in heading 7202 goods reached US$44.6bn in 2024, down 10.2% on 2023.

Indonesia was the largest exporter with 30.9% of the total, ahead of South Africa.

China imported the most (US$18.8bn).

The United Kingdom ranked 15th among 124 exporters with US$462.8m.

The United Kingdom imported US$306.5m.

Duty rates compared

UK Free Third-country duty 26 tariff lines EU Free – 7% Third-country duty 22 tariff lines · average 3.4% Türkiye 5% – 25% Statutory rate (Law 474) 26 tariff lines · average 6.9% USA Free – 10% General (MFN) 24 tariff lines · average 3.3%

The Turkish schedule prints the statutory rate set under Customs Law 474. The rate applied at import is laid down in the Import Regime Decision and can be lower, or different by country of origin.

Subheadings 15

World trade in 2024

7202 · US$44.6bn

Trade value (US$) no reported trade < US$19.9mUS$19.9m+US$177.7m+US$561.5m+> US$2.8bn

Exports: 124
  1. Indonesia: US$13.8bn
  2. South Africa: US$4.9bn
  3. Brazil: US$3.9bn
  4. India: US$2.8bn
  5. Kazakhstan: US$2.7bn
  6. China: US$1.5bn
  7. Netherlands: US$1.4bn
  8. South Korea: US$1.4bn
  9. Norway: US$1.3bn
  10. Malaysia: US$1.1bn
  11. New Caledonia: US$691.7m
  12. Russia: US$567.1m
  13. Colombia: US$561.5m
  14. Canada: US$516.5m
  15. United Kingdom: US$462.8m
  16. Zimbabwe: US$391.7m
  17. Belgium: US$356.2m
  18. Finland: US$351.4m
  19. Georgia: US$332.1m
  20. Poland: US$319.6m
  21. Germany: US$308.2m
  22. Thailand: US$297.3m
  23. France: US$295m
  24. Chile: US$292.8m
  25. Türkiye: US$289.9m
  26. Austria: US$253.1m
  27. Armenia: US$227.9m
  28. Vietnam: US$212.5m
  29. Bhutan: US$201.9m
  30. Iceland: US$189.8m
  31. Ukraine: US$177.7m
  32. Sweden: US$176m
  33. Australia: US$163.2m
  34. Italy: US$159.4m
  35. Czechia: US$148.8m
  36. Zambia: US$137.5m
  37. United States: US$132.4m
  38. Iran: US$125.2m
  39. Albania: US$119.8m
  40. Spain: US$109.7m
  41. Dominican Republic: US$96.7m
  42. Japan: US$94.2m
  43. Slovakia: US$88.2m
  44. Singapore: US$83.6m
  45. Estonia: US$74.6m
  46. Slovenia: US$66.8m
  47. Oman: US$66.5m
  48. Switzerland: US$57.2m
  49. Egypt: US$56.8m
  50. Mexico: US$46m
  51. Latvia: US$43.7m
  52. Luxembourg: US$36.2m
  53. Saudi Arabia: US$36.2m
  54. Taiwan: US$36.2m
  55. North Macedonia: US$35.9m
  56. Kuwait: US$26.3m
  57. Argentina: US$25.1m
  58. Paraguay: US$24m
  59. North Korea: US$23.2m
  60. Mozambique: US$23.2m

Top exporters

RankCountryValueShare
1 Indonesia US$13.8bn 30.9%
2 South Africa US$4.9bn 11%
3 Brazil US$3.9bn 8.7%
4 India US$2.8bn 6.3%
5 Kazakhstan US$2.7bn 6%
6 China US$1.5bn 3.4%
7 Netherlands US$1.4bn 3.1%
8 South Korea US$1.4bn 3.1%
9 Norway US$1.3bn 3%
10 Malaysia US$1.1bn 2.5%

Top importers

RankCountryValueShare
1 China US$18.8bn 42.1%
2 Netherlands US$2.7bn 6.1%
3 United States US$2.6bn 5.9%
4 Japan US$2.1bn 4.7%
5 South Korea US$1.7bn 3.9%
6 Indonesia US$1.7bn 3.8%
7 Germany US$1.5bn 3.4%
8 Italy US$1.2bn 2.8%
9 Mozambique US$1.2bn 2.6%
10 India US$993.2m 2.2%

Legal notes

Subheading notes

1. In this chapter, the following expressions have the meanings hereby assigned to them:

  1. (a) Alloy pig iron

    Pig iron containing, by weight, one or more of the following elements in the specified proportions:

    • more than 0,2 % of chromium,

    • more than 0,3 % of copper,

    • more than 0,3 % of nickel,

    • more than 0,1 % of any of the following elements: aluminium, molybdenum, titanium, tungsten (wolfram), vanadium.

  2. (b) Non-alloy free-cutting steel

    Non-alloy steel containing, by weight, one or more of the following elements in the specified proportions:

    • 0,08 % or more of sulphur,

    • 0,1 % or more of lead,

    • more than 0,05 % of selenium,

    • more than 0,01 % of tellurium,

    • more than 0,05 % of bismuth.

  3. (c) Silicon-electrical steel

    Alloy steels containing by weight at least 0,6 % but not more than 6 % of silicon and not more than 0,08 % of carbon. They may also contain by weight not more than 1 % of aluminium but no other element in a proportion that would give the steel the characteristics of another alloy steel.

  4. (d) High-speed steel

    Alloy steels containing, with or without other elements, at least two of the three elements molybdenum, tungsten and vanadium with a combined content by weight of 7 % or more, 0,6 % or more of carbon and 3 to 6 % of chromium.

  5. (e) Silico-manganese steel

    Alloy steels containing by weight:

    • not more than 0,7 % of carbon,

    • 0,5 % or more but not more than 1,9 % of manganese, and

    • 0,6 % or more but not more than 2,3 % of silicon, but no other element in a proportion that would give the steel the characteristics of another alloy steel.

2. For the classification of ferro-alloys in the subheadings of heading 7202, the following rule should be observed:

A ferro-alloy is considered as binary and classified under the relevant subheading (if it exists) if only one of the alloy elements exceeds the minimum percentage laid down in note 1(c) to this chapter; by analogy, it is considered respectively as ternary or quaternary if two or three alloy elements exceed the minimum percentage.

For the application of this rule, the unspecified ‘other elements’ referred to in note 1(c) to this chapter must each exceed 10 % by weight.

Products classified here

Questions and answers

What is the HS code for ferro-alloys?

Ferro-alloys fall under HS heading 7202, part of chapter 72, in section XV of the Harmonized System.

What is the import duty on ferro-alloys in the UK?

Under the UK Global Tariff, imports under 7202 from countries without a preferential agreement are free of duty. Preferential rates, anti-dumping duties and VAT are not included.

What is the import duty on ferro-alloys in the EU?

Under the EU Combined Nomenclature, imports under 7202 from countries without a preferential agreement are charged at 0% to 7%, depending on the line. Preferential rates, anti-dumping duties and VAT are not included.

Which country exports the most ferro-alloys?

Indonesia, with US$13.8bn in 2024 (30.9% of world exports).