Subheading · Chapter 72 · Heading 7203

7203.10

7203.10: Ferrous products obtained by direct reduction of iron ore

Direct reduced iron (DRI)

7203.10 is the HS subheading for direct reduced iron (DRI), under heading 7203 in chapter 72.

What you pay

Importing into UK

Customs duty Free standard rate depends on the country of origin
Additional duties and charges 1 additional measure Import requirements: 3
VAT 20.00 % import VAT
Duty calculatorCalculate duty and taxes →

Rates by national line · UK Global Tariff

UK lines →
  1. 7203 10 00 00 Ferrous products obtained by direct reduction of iron ore Free+2

Additional duties and import rules

Charges on top of the customs duty, and rules the goods must meet at the border.

Additional duties and charges 1

  • Additional dutyAdditional duties 35%
    Applies to goods from
    Belarus, Russia
    Legal act
    2022 No. 376
    Documents
    • 9008

Import requirements 3

  • Prohibition or restrictionImport prohibition
    Applies to goods from
    North Korea
    Legal act
    S.I. 2019/411
  • Import controlRestriction on entry into free circulation
    Applies to goods from
    Belarus, Russia, Syria, Ukraine
    Legal act
    2022 No. 748, S.I. 2019/855, S.I. 2019/792, S.I. 2022/395
    Documents
    • 9024
    • 9011
    • 9022
    • 9064
    • 9009
    • 9010
    • 9017
  • Import controlImport control on restricted goods and technologies
    Applies to goods from
    Iran, Libya, Russia
    Legal act
    S.I. 2019/461, 2020 No. 1665, S.I. 2019/855
    Documents
    • Y966 Goods other than those described in the MG footnotes linked to the measure (Missile Technology Control Regime list - Annex III of Reg. (EU) 267/2012)
    • Y920 Goods other than those described in the footnotes linked to the measure

Preferential rates by country

Agreement or schemeCountriesRate
standard rate (no agreement)—Free
DCTS Comprehensive
Afghanistan, Angola, Bangladesh, Benin and 37 more

Afghanistan, Angola, Bangladesh, Benin, Bhutan, Burkina Faso, Burundi, Cambodia, Central African Republic, Chad, Congo - Kinshasa, Djibouti, Eritrea, Ethiopia, Gambia, Guinea, Guinea-Bissau, Haiti, Kiribati, Laos, Liberia, Malawi, Mali, Mauritania, Myanmar (Burma), Nepal, Niger, Rwanda, São Tomé & Príncipe, Senegal, Sierra Leone, Somalia, South Sudan, Sudan, Tanzania, Timor-Leste, Togo, Tuvalu, Uganda, Yemen, Zambia

Free
European Union (including code "EU")
Austria, Belgium, Bulgaria, Croatia and 23 more

Austria, Belgium, Bulgaria, Croatia, Cyprus, Czechia, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden

Free
CARIFORUM
Antigua & Barbuda, Bahamas, Barbados, Belize and 10 more

Antigua & Barbuda, Bahamas, Barbados, Belize, Dominica, Dominican Republic, Grenada, Guyana, Jamaica, St Kitts & Nevis, St Lucia, St Vincent & the Grenadines, Suriname, Trinidad & Tobago

Free
OCTs (Overseas Countries and Territories)
Anguilla, Bermuda, British Indian Ocean Territory, British Virgin Islands and 7 more

Anguilla, Bermuda, British Indian Ocean Territory, British Virgin Islands, Cayman Islands, Falkland Islands, Montserrat, Pitcairn Islands, South Georgia & South Sandwich Islands, St Helena, Turks & Caicos Islands

Free
Central America Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua, Panama Free
SADC EPA Botswana, Eswatini, Lesotho, Mozambique, Namibia Free
Eastern and Southern Africa States Comoros, Madagascar, Mauritius, Seychelles, Zimbabwe Free
CPTPP Brunei, Malaysia Free
UK–Andorra agreement Andorra Free
UK–Albania agreement Albania Free
UK–Australia agreement Australia Free
UK–Canada agreement Canada Free
UK–Switzerland agreement Switzerland Free
UK–Côte d’Ivoire agreement Côte d’Ivoire Free
UK–Chile agreement Chile Free
UK–Cameroon agreement Cameroon Free
UK–Colombia agreement Colombia Free
UK–Ecuador agreement Ecuador Free
UK–Egypt agreement Egypt Free
UK–Fiji agreement Fiji Free
UK–Faroe Islands agreement Faroe Islands Free
UK–Georgia agreement Georgia Free
UK–Ghana agreement Ghana Free
UK–Israel agreement Israel Free
UK–India agreement India Free
UK–Iceland agreement Iceland Free
UK–Jordan agreement Jordan Free
UK–Japan agreement Japan Free
UK–Kenya agreement Kenya Free
UK–South Korea agreement South Korea Free
UK–Lebanon agreement Lebanon Free
UK–Liechtenstein agreement Liechtenstein Free
UK–Morocco agreement Morocco Free
UK–Moldova agreement Moldova Free
UK–North Macedonia agreement North Macedonia Free
UK–Mexico agreement Mexico Free
UK–Norway agreement Norway Free
UK–New Zealand agreement New Zealand Free
UK–Peru agreement Peru Free
UK–Papua New Guinea agreement Papua New Guinea Free
UK–Palestinian Territories agreement Palestinian Territories Free
UK–Serbia agreement Serbia Free
UK–Solomon Islands agreement Solomon Islands Free
UK–Singapore agreement Singapore Free
UK–San Marino agreement San Marino Free
UK–Tunisia agreement Tunisia Free
UK–Türkiye agreement Türkiye Free
UK–Ukraine agreement Ukraine Free
UK–Vietnam agreement Vietnam Free
UK–Samoa agreement Samoa Free
UK–XC agreement XC Free
UK–Kosovo agreement Kosovo Free
UK–XL agreement XL Free
UK–South Africa agreement South Africa Free

UK: imports by month

last 12 months£86k+84.1% · previous 12 months
Average import price£2.77 per kg
Jan 2024: £4kFeb 2024: £175kMar 2024: £25kApr 2024: £9kJul 2024: £17kAug 2024: £1kSept 2024: £8kNov 2024: £8kDec 2024: £7kFeb 2025: £2kApr 2025: £8kJun 2025: £14kSept 2025: £1kOct 2025: £9kNov 2025: £17kDec 2025: £6kFeb 2026: £5kApr 2026: £3kMay 2026: £13kJul 2026: £9kAug 2026: £23k 2024
Data up to August 2026 (provisional) · Monthly data: Eurostat Comext (CC BY 4.0), HMRC (OGL v3.0)

Main suppliers, last 12 months

CountryValueShareChange
China £32k 36.6% +6.5%
Belgium £19k 21.5% —
Denmark £12k 13.8% —
Norway £12k 13.5% —
India £12k 13.4% —
Ireland £1k 1.2% —
Germany £0 0% -100%
Luxembourg £0 0% -100%

Same subheading in other tariffs

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.

World trade in 2024

7203.10 · US$4.4bn

Trade value (US$) no reported trade < US$624.3kUS$624.3k+US$32.4m+US$228.4m+> US$667m

Exports: 75
  1. Russia: US$875.4m
  2. Oman: US$791.1m
  3. Trinidad & Tobago: US$667m
  4. India: US$455.5m
  5. United States: US$307.2m
  6. Sweden: US$237.7m
  7. Malaysia: US$229.9m
  8. Libya: US$228.4m
  9. Venezuela: US$105.5m
  10. Qatar: US$66.5m
  11. Belgium: US$62.4m
  12. Iran: US$57m
  13. Bahrain: US$49.6m
  14. Poland: US$48m
  15. Algeria: US$39.7m
  16. United Arab Emirates: US$38.2m
  17. Brazil: US$33.5m
  18. China: US$32.4m
  19. Canada: US$16.2m
  20. Italy: US$14.6m
  21. Uganda: US$12.5m
  22. South Africa: US$10.9m
  23. Uzbekistan: US$9.1m
  24. Austria: US$3.4m
  25. France: US$3.2m
  26. Kuwait: US$2.6m
  27. United Kingdom: US$2.1m
  28. Côte d’Ivoire: US$2.1m
  29. Netherlands: US$1.8m
  30. Germany: US$1.7m
  31. Egypt: US$1.3m
  32. Czechia: US$1.2m
  33. Spain: US$1m
  34. Romania: US$1m
  35. Denmark: US$738.8k
  36. Taiwan: US$624.3k
  37. South Korea: US$612.2k
  38. Burkina Faso: US$470.4k
  39. Bolivia: US$355.5k
  40. Australia: US$300.4k
  41. Hungary: US$284.9k
  42. Bulgaria: US$191.6k
  43. Finland: US$149.4k
  44. Portugal: US$139k
  45. Japan: US$123.7k
  46. Norway: US$90.7k
  47. Ghana: US$61.3k
  48. Singapore: US$57.3k
  49. Georgia: US$46.5k
  50. Slovenia: US$39.8k
  51. Slovakia: US$37.9k
  52. Greece: US$36k
  53. Saudi Arabia: US$22.2k
  54. Ukraine: US$12.2k
  55. Thailand: US$6.3k
  56. Türkiye: US$6.3k
  57. Tunisia: US$6k
  58. Botswana: US$5.7k
  59. Luxembourg: US$5k
  60. New Zealand: US$4.9k

Top exporters

RankCountryValueShare
1 Russia US$875.4m 19.8%
2 Oman US$791.1m 17.9%
3 Trinidad & Tobago US$667m 15.1%
4 India US$455.5m 10.3%
5 United States US$307.2m 7%
6 Sweden US$237.7m 5.4%
7 Malaysia US$229.9m 5.2%
8 Libya US$228.4m 5.2%
9 Venezuela US$105.5m 2.4%
10 Qatar US$66.5m 1.5%

Top importers

RankCountryValueShare
1 Saudi Arabia US$1.1bn 23.8%
2 United States US$656m 14.9%
3 Türkiye US$345.9m 7.8%
4 Nepal US$308.6m 7%
5 Germany US$242m 5.5%
6 Italy US$231.8m 5.3%
7 India US$186m 4.2%
8 Austria US$135.8m 3.1%
9 Vietnam US$126.7m 2.9%
10 Bangladesh US$121.8m 2.8%

Subheading 7203.10 is a single line in the UK Global Tariff, where the duty is duty-free.

The EU Combined Nomenclature has one tariff line for subheading 7203.10; the duty is duty-free.

Goods from 157 countries can enter the UK at a preferential rate instead of the standard Free; 157 of them pay no duty at all, for example under DCTS Comprehensive or European Union.

In the UK, additional duty of 35% applies on top of the customs duty to goods from Belarus and Russia.

In the 12 months to August 2026, the UK imported direct reduced iron (DRI) worth £86.2k (up 84% on the year before), at an average of £2.77 per kg; China supplied 37%, followed by Belgium.

World trade in direct reduced iron (DRI) reached US$4.4bn in 2024, down 9.2% on 2023.

Russia was the largest exporter with 19.8% of the total, ahead of Oman.

Questions and answers

What is the HS code for ferrous products obtained by direct reduction of iron ore?

Ferrous products obtained by direct reduction of iron ore fall under HS subheading 7203.10, part of heading 7203, in section XV of the Harmonized System.

What is the import duty on ferrous products obtained by direct reduction of… in the UK?

Under the UK Global Tariff, imports under 7203.10 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 ferrous products obtained by direct reduction of… in the EU?

Under the EU Combined Nomenclature, imports under 7203.10 from countries without a preferential agreement are free of duty. Preferential rates, anti-dumping duties and VAT are not included.

Which country exports the most ferrous products obtained by direct reduction of…?

Russia, with US$875.4m in 2024 (19.8% of world exports).

Which countries can export direct reduced iron (DRI) to the UK duty-free?

157 countries pay no duty under a trade agreement or preference scheme, among them partners under DCTS Comprehensive, European Union, CARIFORUM. The goods must meet the agreement’s rules of origin and the importer needs proof of origin; otherwise the standard rate of Free applies. Pick a country above to see its rate.

Is there anti-dumping duty on direct reduced iron (DRI)?

The UK charges additional duty of 35% on goods from Belarus and Russia. Lower rates apply to the named exporters listed in the measure.

Where does the UK import direct reduced iron (DRI) from?

In the 12 months to August 2026, the largest suppliers were China (37%), Belgium (22%) and Denmark (14%), out of total imports of £86.2k.