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HSChapter 72
U.S. imports of ferrovanadium (HS 720292) totaled $13.5M in April 2026, traded with 8 countries.
Importers of Ferrovanadium paid $753K in duties in April 2026 — an effective duty rate of 9.9% on $7.6M in dutiable value, based on actual customs collections rather than the published tariff schedule. Ferrovanadium imports of $13.5M in April 2026 ran 56% above the year-to-date monthly average of $8.6M.
Last updated: April 2026 dataFerrovanadium is a critical microalloying addition for HSLA steels used in structural sections, pipelines, rebar, and automotive components, where even small vanadium additions produce significant yield-strength improvements through precipitation hardening. All US imports enter under a single tariff line (7202920000). Canada and Czech Republic are the leading US import sources, with Japan and Austria also supplying the market — a supplier mix that reflects both primary vanadium processing and secondary recovery from steel slag and spent catalysts. Supply concentration risk is a recurring concern given vanadium's limited primary mining base.
AI-written summary of the official U.S. Census Bureau trade figures on this page — verify before relying on it.
A meaningful share of global vanadium supply is recovered as a byproduct from processing vanadium-bearing steel slags and spent petroleum catalysts rather than from primary mining. This secondary supply stream can buffer price spikes but also means that ferrovanadium availability is partly linked to steel production volumes and refinery activity, creating indirect demand-supply feedback loops that buyers should monitor.
Ferrovanadium is commercially available in grades ranging from approximately 40% to 80% vanadium by weight, with 50% and 80% grades the most widely traded. All grades are classified under the same tariff line (7202920000) regardless of vanadium content, so grade does not affect classification. However, purchase contracts should specify the grade precisely, as the cost per vanadium unit varies significantly between grades.
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Monthly import values over time
HS10 import codes under this HS6 parent. Source: U.S. Harmonized Tariff Schedule.
| Code | Description | Import Value | Effective Tariff % | Duty Collected |
|---|---|---|---|---|
| 7202920000 | FERROVANADIUM | $13.5M | 9.86% | $753K |
FERROVANADIUM
HS10 export codes under this HS6 parent. Source: U.S. Schedule B export classification.
| Code | Description | Export Value |
|---|---|---|
| 7202920000 | FERROVANADIUM | $1.5M |
FERROVANADIUM
77.7K kg
NONALLOY PIG IRON 0.5 PRCNT OR LESS PHOSPHORUS
HS 720110
SEMIFINISHED PRODUCTS OF ALLOY STEEL NOT STAINLESS
HS 722490
SMFD IRN/NAL STL LT .25 PCT CRB RECT CS WID 2X THK
HS 720712
FR IOS NAL 600MM AO W TIN CTD OR PLTD UNDR 0.5MM T
HS 721012
FERROUS WASTE & SCRAP NESOI, TURNINGS, CHIPS ETC
HS 720441
FERROUS WASTE & SCRAP NESOI
HS 720449
| State | Imports | Exports | Balance |
|---|---|---|---|
| Maryland | $7.5M | -- | -$7.5M |
| Pennsylvania | $4.3M | -- | -$4.3M |
| New York | -- | $1.5M | +$1.5M |
| Port | Imports | Exports | Balance |
|---|---|---|---|
| BALTIMORE, MD | $6.0M | -- | -$6.0M |
| ALEXANDRIA BAY, NY | $3.9M | -- | -$3.9M |
| BUFFALO-NIAGARA FALLS, NY | $278K | $1.5M | +$1.2M |