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Chapter 72: Iron and steel

HS Chapter 72 · Average MFN duty rates across 12 countries · 1,000 tariff lines · Updated 2026-03-29

Average MFN Duty Rates by Country

Average Most Favoured Nation applied tariff rates for Iron and steel (HS Chapter 72). These are the standard rates applied to WTO members without a preferential trade agreement.

CountryAvg. MFN Rate
🇧🇷 Brazil10.0%
🇮🇳 India6.2%
🇦🇪 UAE5.0%
🇹🇭 Thailand3.3%
🇨🇳 China3.0%
🇺🇸 United States2.6%
🇦🇺 Australia0.5%
🇿🇦 South Africa0.2%
🇲🇽 Mexico0.0%
🇩🇪 Germany0.0%
🇬🇧 United Kingdom0.0%
🇫🇷 France0.0%

Duty Rates by Subheading

MFN rates for the most traded subheadings in Chapter 72. Rates vary significantly within a chapter — always verify at the 8 or 10-digit commodity code level for your specific product.

HS CodeDescription🇮🇳 IN🇬🇧 GB🇺🇸 US🇨🇳 CN🇩🇪 DE🇧🇷 BR
72011010%0.5%0.0%0.0%3.0%0.0%10.0%
72012010%5.0%0.0%0.0%3.0%0.0%10.0%
72015010%5.0%0.0%0.0%3.0%0.0%10.0%
72022155%55.0%5.8%10.0%
72021110%2.0%1.5%10.0%
72021910%5.0%1.4%10.0%
72022910%5.0%0.0%10.0%
72023010%5.0%3.9%10.0%
72024110%4.0%1.9%10.0%
72024910%5.0%3.1%10.0%
72025010%5.0%10.0%10.0%
72026010%2.5%0.0%10.0%
72027010%5.0%4.5%10.0%
72028010%5.0%5.6%10.0%
72029110%5.0%3.7%10.0%

FTA Preferential Rates — Iron and steel

These trade agreements reduce or eliminate duty on Chapter 72 goods. Using the correct FTA certificate of origin can significantly reduce landed costs.

HS CodeRouteAgreementRateSaving
720221UAE → IndiaIN-AE-CEPA55.0%0.0%Save 55.0%
720221Australia → IndiaIN-AU-ECTA55.0%0.0%Save 55.0%
720221United Kingdom → IndiaIN-UK-ECTA55.0%0.0%Save 55.0%
720221KR → IndiaIN-KR-CEPA55.0%0.0%Save 55.0%
720221Mauritius → IndiaIN-MU-CECPA55.0%0.0%Save 55.0%
720221Oman → IndiaIN-OM-CEPA55.0%0.0%Save 55.0%
720221Philippines → IndiaIN-ASEAN-CECA55.0%0.0%Save 55.0%
720221SG → IndiaIN-ASEAN-CECA55.0%0.0%Save 55.0%
720221SG → IndiaIN-SG-CECA55.0%0.0%Save 55.0%
720221Thailand → IndiaIN-ASEAN-CECA55.0%0.0%Save 55.0%

VAT / GST on Iron and steel

In addition to customs duty, these indirect taxes apply at the border. Rates shown are the standard rate — reduced or zero rates may apply for specific subheadings.

CountryTax TypeStandard Rate
🇦🇪 UAEVAT5%
🇦🇺 AustraliaGST10%
🇧🇷 BrazilIPI5%
🇨🇳 ChinaVAT13%
🇬🇧 United KingdomVAT20%
🇮🇳 IndiaGST18%
🇲🇽 MexicoVAT16%
🇹🇭 ThailandVAT7%
🇿🇦 South AfricaVAT15%

Trade Remedies — Anti-Dumping & Safeguard Duties

Active trade remedy measures on Chapter 72 products. These duties apply in addition to MFN rates and cannot be avoided through FTA preferences.

HS CodeMeasureRouteDutyStatus
72081000Anti DumpingNone → India0.0%Definitive
72142000Anti DumpingNone → South Africa28.3%Definitive
72083900Anti DumpingNone → Brazil0.0%Definitive
72142000Anti DumpingNone → Australia14.2%Definitive
72082700Anti DumpingNone → Mexico31.0%Definitive

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Data sources: National customs authorities (CBIC India, HMRC UK, USITC, CBP, SARS), WTO Tariff Profiles, and official government gazette notifications. Rates shown are MFN applied rates as of 2026-03-29. Bound rates may differ. Specific duty components (per-unit duties) are not shown in percentage comparisons. Always verify rates with the relevant customs authority before making commercial decisions.