Heading · Chapter 72
7204: Ferrous waste and scrap; remelting scrap ingots of iron or steel
7 subheadings make up heading 7204 in chapter 72 (iron and steel).
Duty rates compared
EUSubheadings 7
- 7204.10Waste and scrap of cast iron
- 7204.21Waste and scrap of alloy steel: of stainless steelStainless steel scrap
- 7204.29Waste and scrap of alloy steel: otherOther alloy steel scrap
- 7204.30Waste and scrap of tinned iron or steel
- 7204.41Turnings, shavings, chips, milling waste, sawdust, filings, trimmings and stampings, whether or not in bundlesSteel turnings, shavings and stampings
- 7204.49Other waste and scrap: otherOther ferrous scrap
- 7204.50Ferrous waste and scrap: remelting scrap ingots
EU: imports by month
World trade in 2024
Trade value (US$) no reported trade < US$13mUS$13m+US$132m+US$433m+> US$2bn
Exports: 205
- United States: US$6bn
- Germany: US$4bn
- United Kingdom: US$3bn
- Netherlands: US$3bn
- France: US$3bn
- Japan: US$3bn
- Canada: US$2bn
- Belgium: US$2bn
- Poland: US$1bn
- Australia: US$1bn
- Czechia: US$989m
- Sweden: US$691m
- Denmark: US$659m
- Austria: US$603m
- Romania: US$578m
- Mexico: US$567m
- Lithuania: US$504m
- Italy: US$491m
- Hong Kong SAR China: US$464m
- Spain: US$450m
- Singapore: US$433m
- United Arab Emirates: US$426m
- Russia: US$378m
- Thailand: US$377m
- Hungary: US$369m
- Switzerland: US$365m
- Malaysia: US$340m
- Venezuela: US$311m
- Slovakia: US$306m
- South Korea: US$299m
- Norway: US$294m
- Brazil: US$278m
- New Zealand: US$275m
- Türkiye: US$273m
- Finland: US$270m
- Slovenia: US$258m
- Bulgaria: US$219m
- Ireland: US$208m
- Chile: US$185m
- Croatia: US$175m
- Portugal: US$170m
- Latvia: US$165m
- Vietnam: US$162m
- Estonia: US$155m
- Taiwan: US$153m
- Dominican Republic: US$153m
- Bahrain: US$152m
- Lebanon: US$150m
- Libya: US$147m
- South Africa: US$147m
- Israel: US$132m
- Philippines: US$132m
- Yemen: US$113m
- Kuwait: US$111m
- Kazakhstan: US$105m
- Ukraine: US$99m
- Greece: US$87m
- Panama: US$83m
- Indonesia: US$78m
- Saudi Arabia: US$78m
Trade value (US$) no reported trade < US$619kUS$619k+US$91m+US$740m+> US$2bn
Imports: 168
- Türkiye: US$8bn
- India: US$5bn
- Italy: US$3bn
- Belgium: US$2bn
- Germany: US$2bn
- United States: US$2bn
- Pakistan: US$2bn
- Bangladesh: US$2bn
- Vietnam: US$2bn
- Egypt: US$2bn
- Netherlands: US$1bn
- Spain: US$1bn
- Taiwan: US$1bn
- South Korea: US$1bn
- Finland: US$1bn
- Mexico: US$834m
- Luxembourg: US$740m
- Thailand: US$615m
- France: US$539m
- Portugal: US$533m
- Morocco: US$480m
- Indonesia: US$463m
- Austria: US$429m
- Slovenia: US$415m
- Poland: US$376m
- Peru: US$357m
- China: US$349m
- Greece: US$319m
- Malaysia: US$313m
- Canada: US$234m
- Czechia: US$212m
- Sweden: US$193m
- Switzerland: US$175m
- Norway: US$160m
- Japan: US$154m
- Denmark: US$154m
- Lithuania: US$152m
- United Kingdom: US$148m
- Moldova: US$103m
- Saudi Arabia: US$97m
- Croatia: US$92m
- North Macedonia: US$91m
- Slovakia: US$90m
- Philippines: US$84m
- United Arab Emirates: US$83m
- Hong Kong SAR China: US$71m
- Estonia: US$69m
- Singapore: US$66m
- Kenya: US$62m
- Uganda: US$61m
- Bulgaria: US$58m
- Latvia: US$56m
- Guatemala: US$56m
- Ecuador: US$50m
- Hungary: US$46m
- Russia: US$43m
- Romania: US$39m
- Serbia: US$24m
- Albania: US$20m
- Oman: US$18m
Top exporters
| Rank | Country | Value | Share |
|---|---|---|---|
| 1 |  United States | US$6bn | 14.2% |
| 2 |  Germany | US$4bn | 9.4% |
| 3 |  United Kingdom | US$3bn | 7.6% |
| 4 |  Netherlands | US$3bn | 6.7% |
| 5 |  France | US$3bn | 6.5% |
| 6 |  Japan | US$3bn | 5.8% |
| 7 |  Canada | US$2bn | 4.4% |
| 8 |  Belgium | US$2bn | 3.5% |
| 9 |  Poland | US$1bn | 3.1% |
| 10 |  Australia | US$1bn | 2.5% |
Top importers
| Rank | Country | Value | Share |
|---|---|---|---|
| 1 |  Türkiye | US$8bn | 18.5% |
| 2 |  India | US$5bn | 10.7% |
| 3 |  Italy | US$3bn | 5.6% |
| 4 | Belgium | US$2bn | 5.5% |
| 5 | Germany | US$2bn | 4.7% |
| 6 | United States | US$2bn | 4.4% |
| 7 |  Pakistan | US$2bn | 3.6% |
| 8 |  Bangladesh | US$2bn | 3.6% |
| 9 |  Vietnam | US$2bn | 3.5% |
| 10 |  Egypt | US$2bn | 3.5% |
In the UK Global Tariff, heading 7204 covers 22 tariff lines and the duty is duty-free.
The EU Combined Nomenclature divides heading 7204 into 12 tariff lines; the duty is duty-free.
In the Turkish Customs Tariff Schedule, heading 7204 covers 18 tariff lines and the duty is between 0% and 6.5%. 16 of them are duty-free.
The Harmonized Tariff Schedule of the United States divides heading 7204 into 7 tariff lines; the duty is duty-free.
World trade in heading 7204 goods reached US$45bn in 2024, down 6.3% on 2023.
The United States was the largest exporter with 14.2% of the total, ahead of Germany.
Türkiye imported the most (US$8bn).
The United Kingdom ranked 3rd among 205 exporters with US$3bn.
The United Kingdom imported US$148m.
Products classified here
Questions and answers
What is the HS code for ferrous waste and scrap; remelting scrap ingots of iron or steel?
Ferrous waste and scrap; remelting scrap ingots of iron or steel fall under HS heading 7204, part of chapter 72, in section XV of the Harmonized System.
What is the import duty on ferrous waste and scrap in the UK?
Under the UK Global Tariff, imports under 7204 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 waste and scrap in the EU?
Under the EU Combined Nomenclature, imports under 7204 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 waste and scrap?
The United States, with US$6bn in 2024 (14.2% of world exports).