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HSChapter 72
U.S. imports of iron and nonalloy steel ingots (HS 720610) totaled $69K in May 2026, traded with 4 countries.
Importers of Iron and Nonalloy Steel Ingots paid $35K in duties in May 2026 — an effective duty rate of 51% on $69K in dutiable value, based on actual customs collections rather than the published tariff schedule. Iron and Nonalloy Steel Ingots imports of $69K in May 2026 ran 43% above the year-to-date monthly average of $49K.
Last updated: May 2026 dataIron and nonalloy steel ingots (HTS 7206100000) represent the earliest solidified primary form of steel, cast before any rolling or forging, and serve as the starting stock for downstream remelting, forging, and rolling operations. Section 232 tariffs apply to this product, making origin and cost modeling essential for steel service centers and foundries that rely on ingot supply. France leads US imports under this heading — an unusual sourcing pattern that reflects specialty steel and remelting capacity — with Canada and the United Kingdom also supplying the market.
AI-written summary of the official U.S. Census Bureau trade figures on this page — verify before relying on it.
An ingot is cast directly from molten metal into a mold and has not been worked by rolling or forging; it typically has a tapered or irregular shape. Blooms, billets, and slabs are semifinished products that have been hot-worked and classify under HTS heading 7207. If a product has been hot-rolled even minimally, it generally moves out of 7206 and into 7207.
Beyond Section 232 tariffs, importers should verify whether antidumping or countervailing duty orders cover ingots from the specific country of origin, as AD/CVD orders on steel products can be origin-specific. A licensed customs broker can help confirm the current order scope and whether a scope ruling is needed for atypical ingot shapes or compositions.
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Monthly import values over time
| Country | Imports | Exports | Balance |
|---|---|---|---|
| VIETNAM | -- | $3.1M | +$3.1M |
| CANADA | $59K | $310K | +$251K |
| HONG KONG | -- | $360K | +$360K |
| KOREA, SOUTH | -- | $166K | +$166K |
| INDIA | -- | $149K | +$149K |
HS10 import codes under this HS6 parent. Source: U.S. Harmonized Tariff Schedule.
| Code | Description | Import Value | Effective Tariff % | Dutiable Share | Duty Collected |
|---|---|---|---|---|---|
| 7206100000 | IRON AND NONALLOY STEEL INGOTS | $59K | 50.00% | 100.00% | $29K |
IRON AND NONALLOY STEEL INGOTS
HS10 export codes under this HS6 parent. Source: U.S. Schedule B export classification.
| Code | Description | Export Value |
|---|---|---|
| 7206100000 | IRON AND NONALLOY STEEL INGOTS | $4.2M |
IRON AND NONALLOY STEEL INGOTS
426.2K 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 |
|---|---|---|---|
| Texas | -- | $3.1M | +$3.1M |
| Pennsylvania | -- | $547K | +$547K |
| New York | -- | $254K | +$254K |
| Port | Imports | Exports | Balance |
|---|---|---|---|
| NEW ORLEANS, LA | -- | $2.2M | +$2.2M |
| LOS ANGELES, CA | -- | $1.2M | +$1.2M |
| BUFFALO-NIAGARA FALLS, NY | $33K | $310K | +$277K |