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HSChapter 72
U.S. exports of ferrous waste and scrap, not elsewhere specified (HS 720449) totaled $472.6M in July 2026.
Importers of Ferrous Waste and Scrap, Not Elsewhere Specified paid $83K in duties in July 2026 — an effective duty rate of 11% on $722K in dutiable value, based on actual customs collections rather than the published tariff schedule.
Last updated: July 2026 dataThe residual ferrous scrap heading captures heavy melting steel, cut plate and structural scrap, shredded scrap, and other grades not covered by more specific subheadings — the US schedule breaks these into five 10-digit lines including No. 1 HMS (7204490020), No. 2 HMS (7204490040), cut plate and structural (7204490060), shredded (7204490070), and a catch-all (7204490080). Canada and Mexico are the dominant suppliers, with Sweden a notable source of high-quality shredded and HMS grades. Section 232 tariffs apply, and country-specific quota or exemption status should be confirmed before entry.
AI-written summary of the official U.S. Census Bureau trade figures on this page — verify before relying on it.
2.7K shipments/mo
The 7204.41 subheading is reserved for machining-derived forms — turnings, shavings, chips, filings, and stampings. If the scrap consists of heavier cut, shredded, or melting-grade material rather than machining byproducts, it belongs in 7204.49. Mixed loads that contain both forms may require sorting or a ruling on the predominant character of the shipment.
ISRI grade 'Shredded' (also called Zorba's ferrous fraction or simply 'shred') is the primary commercial grade mapped to this line — it consists of fist-sized pieces of shredded automobiles and appliances with residual non-ferrous content removed by magnetic separation. Mills specify maximum copper, tin, and other tramp element limits, so the shredded scrap certificate of analysis is a key shipping document.
Subheading 1 of 7 in heading 7204
Subheading 720449 · $66.1M of $183.7M
ImportsExports
Imports
$66.1MYoY · Pro
Exports
$472.6MYoY · Pro
12-mo low · imports
YoY · ProThrough July 2026. Source: U.S. Census Bureau.
Exports · July 2026
destination
Turkey and Thailand together take 44% of it.
customs district
origin
entry
rate provision · imports
98.9% enters free of duty; the effective duty rate is 0.13%.
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 |
|---|---|---|---|---|---|
| 7204490070 | Shredded Steel Scrap | $41.6M | 0.02% | 0.17% | $7K |
| 7204490080 | Other Ferrous Scrap | $11.0M | 0.36% | 2.54% | $39K |
| 7204490020 | No 1 Heavy Melting Steel Scrap | $7.7M | 0.00% | 0.00% | -- |
| 7204490060 | Cut Plate and Structural Steel Scrap | $3.9M | 0.81% | 8.07% | $32K |
| 7204490040 | No 2 Heavy Melting Steel Scrap | $1.8M | 0.29% | 2.89% | $5K |
HS10 export codes under this HS6 parent, each with its own page. Source: U.S. Schedule B export classification.
| Code | Description | Export Value |
|---|---|---|
| 7204490020 | No 1 Heavy Melting Steel Scrap | $207.1M |
| 7204490070 | Shredded Steel Scrap | $124.3M |
| 7204490080 | Ferrous Scrap, NESOI | $83.0M |
| 7204490060 | Cut Plate and Structural Steel Scrap | $29.7M |
| 7204490040 | No 2 Heavy Melting Steel Scrap | $28.4M |
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.
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