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U.S. imports of ferrous products obtained by direct reduction of iron ore (HS 720310) totaled $54.2M in July 2026, traded with 2 countries.
Importers of Ferrous Products Obtained by Direct Reduction of Iron Ore paid $5.0M in duties in July 2026 — an effective duty rate of 10% on $50.5M in dutiable value, based on actual customs collections rather than the published tariff schedule.
Last updated: July 2026 dataDirect-reduced iron (DRI) — produced by removing oxygen from iron ore without melting — is a high-purity iron feedstock used primarily in electric arc furnace steelmaking as a scrap substitute. Trinidad and Tobago is the dominant US supplier, a position reflecting that country's long-established DRI export infrastructure, with Germany, Canada, Brazil, and Sweden also supplying the market. As a steel-sector input, DRI imports are subject to Section 232 tariffs, and importers should confirm whether any country-specific quota arrangements or exclusions apply to their shipments.
AI-written summary of the official U.S. Census Bureau trade figures on this page — verify before relying on it.
5 shipments/mo
DRI (HTS 7203.10) is produced by solid-state reduction of iron ore and retains a sponge-like or briquetted form without being melted, distinguishing it from pig iron (HTS 7201), which is produced by blast furnace smelting. The distinction matters because the two headings carry different duty rates and may have different Section 232 treatment depending on country of origin and applicable quota arrangements.
Trinidad and Tobago developed large-scale DRI production capacity specifically oriented toward export, leveraging access to natural gas as a reducing agent and proximity to US Gulf Coast steel mills. This infrastructure concentration means US buyers are significantly exposed to supply disruptions from a single origin, a consideration that influences long-term supply contracting strategies.
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Subheading 1 of 2 in heading 7203
Subheading 720310 · $54.2M of $54.6M
ImportsExports
Imports
$54.2MYoY · Pro
Exports
$1.6MYoY · Pro
12-mo low · imports
YoY · ProThrough July 2026. Source: U.S. Census Bureau.
HS10 import codes under this HS6 parent, each with its own page. Source: U.S. Harmonized Tariff Schedule.
| Code | Description | Import Value | Effective Tariff % | Dutiable Share | Duty Collected |
|---|---|---|---|---|---|
| 7203100000 | Ferrous Products Fm Direct Redction of Iron Ore | $54.2M | 9.31% | 93.14% | $5.0M |
HS10 export codes under this HS6 parent, each with its own page. Source: U.S. Schedule B export classification.
| Code | Description | Export Value |
|---|---|---|
| 7203100000 | Ferrous Products Fm Direct Redction of Iron Ore | $1.6M |
Import lines come from the U.S. Harmonized Tariff Schedule and export lines from Schedule B. The two are numbered by different agencies, so the same 10-digit code can appear in both tables describing a different product.
Imports · July 2026
origin
Trinidad and Tobago and Germany together supply 100% of it.
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destination
entry
rate provision · imports
6.9% enters free of duty; the effective duty rate is 9.31%.