U.S. exports of Ferrous Waste and Scrap, Not Elsewhere Specified (HS 720449) totaled $454.5M in August 2026.
Importers of Ferrous Waste and Scrap, Not Elsewhere Specified paid $48K in duties in August 2026, an average duty rate of 0.06% — duty actually collected as a share of the imports that cleared customs, not the published tariff schedule.
Last updated: August 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.
2.9K import shipments a month
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.
ImportsExports
Imports
$76.2MYoY · free account
Exports
$454.5MYoY · free account
12-mo low · imports
Low · free accountOver the twelve months to August 2026, the U.S. imported $824.1M of Ferrous Waste and Scrap, Not Elsewhere Specified and exported $5.0B.
Through August 2026. Source: U.S. Census Bureau.
Subheading 1 of 7 in heading 7204
Subheading 720449 · $454.5M of $572.5M
Trade Directory
List your company under HS 720449 — Ferrous Waste and Scrap, Not Elsewhere Specified, so the companies trading it can find you. Be the first supplier listed.
HS10 import codes under this HS6 parent, each with its own page. Source: U.S. Harmonized Tariff Schedule.
| Code | Description | Imports for consumption | Average duty rate | Dutiable Share | Duty Collected |
|---|---|---|---|---|---|
| 7204490070 | Shredded Steel Scrap | $50.8M | 0.01% | 0.03% | $5K |
| 7204490080 | Other Ferrous Scrap | $10.7M | 0.22% | 0.87% | $23K |
| 7204490020 | No 1 Heavy Melting Steel Scrap | $9.2M | 0.00% | 0.00% | -- |
| 7204490060 | Cut Plate and Structural Steel Scrap | $4.0M | 0.48% | 4.85% | $20K |
| 7204490040 | No 2 Heavy Melting Steel Scrap | $1.6M | 0.00% | 0.00% | -- |
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 | $212.2M |
| 7204490070 | Shredded Steel Scrap | $114.3M |
| 7204490080 | Ferrous Scrap, NESOI | $86.2M |
| 7204490040 | No 2 Heavy Melting Steel Scrap | $29.5M |
| 7204490060 | Cut Plate and Structural Steel Scrap | $12.2M |
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.
Exports · August 2026
destination
Thailand and Turkey together take 50% of it.
customs district
origin
entry
rate provision · imports
99.6% enters free of duty; duty collected equals 0.06% of imports for consumption.