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72

Official Chapter Guide

Iron and steel products, alloy and non-alloy, including pig iron, ferroalloys, and stainless or alloy steels.

Tariff Landscape

  • Iron and steel products are commonly subject to duties, particularly given recent trade tensions.
  • Section 232 tariffs regularly apply to steel products due to national security claims, impacting cost.
  • Anti-Dumping and Countervailing Duties (ADD/CVD) are known to affect steel from specific origins or classifications, making vigilance necessary.

Classification Strategy

  • Common errors occur in distinguishing between stainless and other alloy steels, particularly concerning chromium content.
  • Classification errors can arise in recognizing products that fall under exceptions like certain bridge and railway materials not included in this chapter.
  • Complexity frequently lies in the overlap of chemical compositions, particularly for high-alloy contents or when analyzing ferroalloys.

Legal Framework

Executive Summary

  • **Excludes**: Products of heading 7301 or 7302 (e.g., bridges and parts, railways).
  • Defines **Pig iron** as iron-carbon alloys with specific element weight percentages.
  • Specifies **Ferroalloys** used as additives or deoxidizing agents in metallurgy.
  • **Steel**: Ferrous materials that are malleable and contain carbon 2% or less, except some chromium steels.
  • Differentiates **stainless steel** as alloy steel with ≥10.5% chromium, and other alloy steels by specific element percentages.
  • Describes semi-finished, flat-rolled, bars, rods, angles, and sections by their working processes and dimensions.
  • Ferrous metals clad with another ferrous metal classify by predominant weight.

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