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Harmonized System
U.S. exports of remelting scrap ingots of iron or steel (HS 720450) totaled $282K in July 2026, traded with 3 countries.
Last updated: July 2026 dataRemelting scrap ingots are solidified blocks cast from ferrous scrap specifically for remelting — a form that facilitates handling and reduces oxidation losses compared to loose scrap. China leads US imports under this heading, followed by Canada and the Dominican Republic. The single tariff line (7204500000) covers both iron and steel remelting ingots, and importers should distinguish this product from primary pig iron ingots (heading 7201), which are produced from ore rather than recycled scrap and carry different duty treatment.
AI-written summary of the official U.S. Census Bureau trade figures on this page — verify before relying on it.
Pig iron (heading 7201) is produced by smelting iron ore in a blast furnace and is a primary metal product. Remelting scrap ingots (7204.50) are cast from recycled ferrous scrap and are classified as waste and scrap regardless of their ingot shape. The key criterion is the input material — ore-derived versus scrap-derived — not the physical form of the ingot.
Ingot form offers consistent density and known chemistry, reducing furnace charging time and improving melt predictability compared to heterogeneous loose scrap. For foundries with limited scrap-handling infrastructure or strict chemistry windows, remelting ingots provide a more controlled input, though they typically carry a processing premium over equivalent loose grades.
HSChapter 72
Subheading 7 of 7 in heading 7204
Subheading 720450 · $0 of $183.7M
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ImportsExports
Imports
$0YoY · Pro
Exports
$282KYoY · Pro
12-mo low · imports
YoY · ProFewer than 6 of the last 12 months reported trade above $500K; the trend chart is not shown for thin series.
Through 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 |
|---|---|---|---|---|
| 7204500000 | Remelting Scrap Ingots, Ferrous Scrap | $0 | -- | -- |
HS10 export codes under this HS6 parent, each with its own page. Source: U.S. Schedule B export classification.
| Code | Description | Export Value |
|---|---|---|
| 7204500000 | Remelting Scrap Ingots, Ferrous Scrap | $282K |
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 · July 2026
destination
Canada and Malaysia together take 100% of it.
customs district
origin
entry
rate provision · imports
None recorded for this period.