HS 720610 Ingots
Quick Answer: Ingots of iron or non-alloy steel imported under HS 720610 enter the UK at 0.00%, the EU at 0.00%, and the US at a rate of Free under the MFN rate. This HS code specifically covers primary forms of iron or non-alloy steel, such as those cast into ingots, which are the initial solid shapes produced from molten metal before further processing. These ingots are typically produced by steel mills and serve as the raw material for subsequent manufacturing of steel products. Importers should be aware that while the UK and EU offer duty-free entry, the US has a Free MFN rate, but other preferential rates or trade agreements might apply. CustomTariffs aggregates this data, providing a valuable resource for trade compliance.
What Are the Import Duty Rates?
🇬🇧 United Kingdom
| Code | MFN | Preferential | Unit |
|---|---|---|---|
| 7206100000 | 0.00 % | — | — |
🇪🇺 European Union (TARIC)
| Code | MFN | Preferential | Unit |
|---|---|---|---|
| 7206100000 | 0.00 % | — | — |
🇺🇸 United States (HTSUS)
| Code | MFN | Preferential | Unit |
|---|---|---|---|
| 7206100000 | Free | — | ["kg"] |
Duty rates sourced from the USITC (US International Trade Commission) Harmonized Tariff Schedule (HTS) (accessed 2/22/2026), EU TARIC – DG TAXUD (Directorate-General for Taxation and Customs Union) (accessed 2/22/2026), and UK Trade Tariff – HMRC (His Majesty's Revenue and Customs) (accessed 2/22/2026).
Data compiled and presented by HSRates.
How Has Trade Volume Developed?
Trade Volume 2023
How to Classify This HS Code?
What products does HS 720610 cover?
This subheading covers ingots of iron or non-alloy steel, as defined by the World Customs Organization's Harmonized System (WCO HS) Nomenclature. According to the USITC Harmonized Tariff Schedule (HTS) and the EU's TARIC database, ingots are primary forms of steel, typically cast in molds, which are intended for further processing, such as rolling or forging. They are characterized by their crude, unfinished state, often exhibiting a rough surface and irregular shapes resulting from the casting process, and are specifically excluded from further worked forms.
What falls outside HS 720610?
The following products are excluded from HS 720610: semi-finished products like blooms, billets, and slabs, which have undergone some initial shaping beyond the ingot stage; finished products such as bars, rods, and wire; and any steel products that have been further worked through processes like drawing, extruding, or cold-forming. For instance, steel bars intended for construction, classified under HS 7213, or steel wire rod, classified under HS 7213, are distinct from the primary ingot form and thus fall outside this subheading.
What are common classification mistakes for HS 720610?
A common error is misclassifying semi-finished steel products as ingots. General Rule of Interpretation (GRI) 1 of the Harmonized System emphasizes that classification shall be determined according to the terms of the headings and any relative Section or Chapter Notes. Ingots are specifically the initial cast form, whereas products like billets or blooms, which have undergone preliminary shaping, are typically classified under HS 7207. Importers may also mistakenly classify ingots that have undergone minor surface treatments as finished goods.
How should importers classify products under HS 720610?
The correct procedure for classifying products under HS 720610 involves a thorough examination of the product's physical characteristics and its stage of manufacture. Importers and customs brokers must consult the official WCO HS Nomenclature and the specific tariff schedules of the importing country, such as the USITC HTS or the UK Trade Tariff. Verification that the product is a primary cast form of iron or non-alloy steel, intended for further processing and not yet shaped into semi-finished or finished goods, is crucial for accurate classification.
How is the duty calculated for products under HS 720610?
A 100-metric ton shipment of steel ingots, declared at a customs value of $50,000 USD, would attract a US duty of $1,500. This is calculated using the Most Favored Nation (MFN) duty rate of 1.5% ad valorem, as published in the USITC Harmonized Tariff Schedule. The calculation is: 1.5% of $50,000 USD = $750. However, if the duty were based on weight, for example, a rate of $15 per metric ton, the duty would be $15/metric ton × 100 metric tons = $1,500.
Which trade agreements reduce duties for HS 720610?
Several free trade agreements may reduce the applicable duty rate for HS 720610, including the United States-Mexico-Canada Agreement (USMCA), which can result in a duty rate of Free for qualifying goods originating from Canada or Mexico. Additionally, the Generalized System of Preferences (GSP) may offer reduced or Free duty rates for eligible products from developing countries. To claim these preferences, a self-certified origin statement for USMCA or a GSP Form A may be required, depending on the specific agreement and importing jurisdiction.
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FAQ
What are the import duty rates for HS code 720610 (Ingots)?
The Most Favored Nation (MFN) duty rate for HS code 720610, covering "Ingots of iron or non-alloy steel, of rectangular (including square) cross-section, not further worked than cast," is 0.00% ad valorem in the United States. In the European Union, under the TARIC system, the rate is also 0.00%. The United Kingdom's Trade Tariff also lists a 0.00% duty rate. However, preferential rates under various trade agreements can apply, potentially leading to different outcomes. Always consult the specific tariff schedule for the importing country and any applicable trade agreements.
What specific criteria define 'ingots' under HS code 720610?
HS code 720610 specifically covers ingots of iron or non-alloy steel that have a rectangular (including square) cross-section and have not undergone further working beyond the casting process. This means the material must be in its primary cast form, typically produced by pouring molten metal into molds, and must not have been rolled, forged, or otherwise shaped. The cross-section is a key determinant; other shapes may fall under different headings. Refer to the Explanatory Notes of the Harmonized System for detailed interpretations.
What documentation is typically required for importing ingots under HS code 720610?
For importing ingots classified under HS code 720610, standard documentation includes a commercial invoice detailing the quantity, value, and description of the goods; a packing list; a bill of lading or air waybill; and a certificate of origin. Depending on the importing country and the origin of the goods, additional certifications may be required, such as a mill test certificate to verify the material composition and compliance with standards. Importers and customs brokers should verify specific requirements with the customs authorities of the destination country.
How are import duties calculated for HS code 720610 if a duty were applicable?
While HS code 720610 often carries a 0.00% duty rate in major markets like the US, EU, and UK, if a duty were applicable (e.g., under a specific trade scenario or a different country's tariff), it would typically be calculated on an ad valorem basis. This means the duty is a percentage of the declared customs value of the goods. For example, if a country imposed a 5% ad valorem duty on ingots valued at $10,000, the duty would be calculated as: 5% of $10,000 = $500. The customs value is usually determined based on the transaction value, which is the price paid or payable for the goods.
Do common trade agreements significantly impact the duty rates for HS code 720610?
Yes, common trade agreements can significantly impact duty rates for HS code 720610. For instance, goods originating from countries with preferential trade agreements with the importing nation may qualify for reduced or eliminated duties, even if the standard MFN rate is not zero. For example, under the USMCA (United States-Mexico-Canada Agreement), goods meeting the rules of origin may benefit from preferential treatment. Similarly, the EU has numerous Free Trade Agreements (FTAs) that could affect duties. Importers must ensure they have the correct documentation, such as a valid certificate of origin, to claim preferential treatment under these agreements.