HS Code 7203 — Ferrous Products Obtained By Direct Reduction Of Iron Ore And Other Spongy Ferrous Products, In Lumps, Pellets Or Similar Forms

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18

Importing Countries (2024-2025)

$482M

India’s Export Value

5

Markets > $1M

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Quick Facts

HS Code

7203

Chapter

72

Section

XV — Base Metals

Product

Ferrous Products Obtained By Direct Reduction Of Iron Ore And Other Spongy Ferrous Products, In Lumps, Pellets Or Similar Forms; Iron Having Minimum Purity By Weight Of 99.94%, In Lumps, Pellets Or Similar Forms

What is HS Code 7203?

HS Code 7203 classifies ferrous products obtained by direct reduction of iron ore and other spongy ferrous products, in lumps, pellets or similar forms under Chapter 72 of the Harmonized System. This is a 4-digit heading that covers all sub-classifications of ferrous products obtained by direct reduction of iron ore and other spongy ferrous products, in lumps, pellets or similar forms. The data below is aggregated across all 6-digit product codes under this heading. Select a destination country below to view the complete export guide including applicable duty rates, required documents, and regulatory requirements.

View the product export page: See Ferrous Products Obtained By Direct Reduction Of Iron Ore And Other Spongy Ferrous Products, In Lumps, Pellets Or Similar Forms export data →

India's Export Trend — HS 7203

$473M$478M$483MFY23$473MFY24$478MFY25$482M
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Detailed country-level import data & analysis

How to Export Ferrous Products Obtained By Direct Reduction Of Iron Ore And Other Spongy Ferrous Products, In Lumps, Pellets Or Similar Forms from India

Standard export procedure for HS Code 7203

1

Obtain IEC

Register for an Import Export Code (IEC) from DGFT — mandatory for all Indian exporters.

2

Classify Your Product

Confirm the correct HS code for customs declarations, duty calculation, and trade compliance.

3

Find Buyers

Identify importers in your target market through trade platforms, B2B portals, or lead generation campaigns.

4

Prepare Documentation

Commercial invoice, packing list, bill of lading, certificate of origin, and any product-specific certificates.

5

Customs & Shipping

File the Shipping Bill with Indian Customs, arrange freight (sea/air), and obtain Let Export Order (LEO).

6

Receive Payment

Collect payment via advance remittance, letter of credit (L/C), or documentary collection through your bank.

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Related HS Codes in Chapter 72

Other products classified under the same chapter

720150Alloy pig iron; spiegeleisen:720299Other720421Of stainless steel:720429Other:720510Granules720529Other:720610Ingots:720690Other:720711Of rectangular (including square) cross-section, the width measuring less than twice the thickness:720712Other, of rectangular (other than square) cross-section:720719Other:720720Containing by weight 0.25% or more of carbon:720825Of a thickness of 4.75 mm or more:720826Of a thickness of 3 mm or more but less than 4.75 mm:720827Of a thickness of less than 3 mm:720836Of a thickness exceeding 10 mm:720837Of a thickness of 4.75 mm or more but not exceeding 10 mm:720838Of a thickness of 3 mm or more but less than 4.75 mm:720839Of a thickness of less than 3 mm:720840Not in coils, not further worked than hot-rolled, with patterns in relief:
View all codes in Chapter 72 →