HS Code 7203
Sponge Iron and Purity Iron Products
HS code 7203 is used for direct reduced iron (sponge iron) and high-purity iron (>99.94%) in lumps or pellets used as feedstocks for steel production.
HS Code 7203 — Sponge Iron and Purity Iron Products
This code covers iron products made by direct reduction of ore (Direct Reduced Iron or DRI) and high-purity iron in solid forms. These materials serve as high-quality substitutes for scrap in electric arc furnace steelmaking.
What's included
- Direct Reduced Iron (DRI)
- Hot Briquetted Iron (HBI)
- Spongy ferrous products
- 99.94% pure iron lumps
What's excluded
- Pig iron → use
7201(Pig iron is produced via blast furnaces and typically has lower purity/different carbon content.)
Common examples
- HBI briquettes for steel furnaces
- Sponge iron pellets
- Electrolytic iron flakes
- High purity iron blocks
Frequently asked questions
What is the difference between DRI and Pig Iron?
DRI is produced in the solid state by removing oxygen from iron ore, while pig iron is produced in a molten state via a blast furnace.
Trade & shipping notes
- Typical duty range: 0%
- Documentation: Purity levels must be documented to qualify for the 99.94% purity provision.
- Typical shipping mode: Bulk
- Top exporters: Russia, Iran, India, Oman, Venezuela
- Top importers: United States, Italy, China, Turkey, South Korea
Related HS codes
Key takeaway
Essential high-purity feedstock for premium steel production, often requiring strict moisture control during transport.
Related HS codes
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