Official data Source: US Census Bureau international trade data Data through August 2026 · updated monthly

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Spongy ferrous products not elsewhere specified, in lumps, pellets or similar forms; iron with minimum purity of 99.94% (wt.), in lumps, pellets or similar forms

In short

  • The US imported $6.9M of this product over the 12 months to August 2026, down 23% on the year before.
  • Japan is the largest supplier, with 45.9% of US imports; China is next, with 23.2%.
  • Spain is the cheapest main supplier before and after freight and duty, landing at $940.45/tonne.
  • Duty paid averaged 5.8% of the value of imports in August 2026, down 7.8 points on a year earlier.
  • China is gaining share: 19.3% over the last 12 months, up from 9.7%.
  • 2 Federal Register notices named this product's tariff codes in the last 12 months.

US imports, Aug 2026

$419K

↓ −51% vs Aug 2025

Last 12 months

$6.9M

↓ −23% vs the 12 months before

Average duty paid

5.8%

↓ −7.8 pts vs Aug 2025

Top supplier

Japan

45.9% of US imports

US imports by month

The last 13 months, so the same month a year ago is on the left. August 2026 is highlighted. Dotted lines mark lasting changes in duty paid, labelled with the supplier, or "Duty" when several moved; the tariff timeline lists each one with its notices.

Aug2025SepOctNovDecJan2026FebMarAprMayJunJulAugDuty ↓
Show the numbers
MonthUS imports
August 2025$856K
September 2025$919K
October 2025$740K
November 2025$372K
December 2025$893K
January 2026$283K
February 2026$391K
March 2026$1.0M
April 2026$446K
May 2026$614K
June 2026$445K
July 2026$384K
August 2026$419K

What changed

  • US imports were $419K in August 2026, up 9.0% from July 2026 and down 51% from August 2025.
  • Over the 12 months to August 2026 they totalled $6.9M, down 23% on the 12 months before.
  • Biggest moves in market share since July 2026: China up from 0.0% to 23.2%, India down from 59.6% to 20.1%.
  • Average price from India fell 25% since July 2026, to $1,336/tonne.
  • Duty paid on imports from Japan fell from 10.0% to 0.0% of their value since July 2026.
  • Duty paid on imports from Spain fell from 10.0% to 0.0% of their value since July 2026.

US trade by year

US imports were $6.9M in the 12 months to Aug 2026, up 45% on the 12 months to Aug 2017. US exports were $405.1M, up 254%. Dotted lines mark lasting changes in duty paid, labelled with the supplier, or "Duty" when several moved; the tariff timeline lists each one with its notices.

2017201820192020202120222023202420252026China ↑Duty ↑
Show the numbers
PeriodUS imports
12 months to Aug 2017$4.8M
12 months to Aug 2018$6.9M
12 months to Aug 2019$8.7M
12 months to Aug 2020$8.4M
12 months to Aug 2021$4.7M
12 months to Aug 2022$7.3M
12 months to Aug 2023$3.9M
12 months to Aug 2024$6.7M
12 months to Aug 2025$8.9M
12 months to Aug 2026$6.9M
  • Japan
  • China
  • India
  • Spain
  • All countries
Share of US imports
Show the numbers
PeriodJapanChinaIndiaSpain
12 months to Aug 201752.8%5.5%21.2%9.0%
12 months to Aug 201848.8%10.9%17.4%6.2%
12 months to Aug 201948.2%13.1%14.1%8.9%
12 months to Aug 202058.3%8.0%12.7%7.8%
12 months to Aug 202152.3%0.1%15.2%12.3%
12 months to Aug 202261.1%0.8%21.9%4.8%
12 months to Aug 202353.8%2.6%33.6%6.7%
12 months to Aug 202467.5%1.7%21.3%7.8%
12 months to Aug 202568.2%9.7%12.8%7.6%
12 months to Aug 202654.2%19.3%19.2%5.1%
Duty paid, % of value
Show the numbers
PeriodJapanChinaIndiaSpainAll countries
12 months to Aug 20170.0%0.0%0.0%0.0%0.0%
12 months to Aug 20180.0%0.0%0.0%0.0%0.0%
12 months to Aug 20190.0%13.0%0.0%0.0%1.0%
12 months to Aug 20200.0%24.8%0.0%0.0%2.0%
12 months to Aug 20210.0%0.0%0.0%0.0%0.0%
12 months to Aug 20220.0%0.0%0.0%0.0%0.0%
12 months to Aug 20230.0%2.4%0.0%0.0%0.1%
12 months to Aug 20240.0%14.3%0.0%0.0%0.2%
12 months to Aug 20253.3%51.9%2.1%2.0%7.7%
12 months to Aug 202612.4%36.9%21.2%10.4%18.6%
PeriodUS importsDuty paidUS exports
12 months to Aug 2026$6.9M−23%18.6%+10.9 pts$405.1M+23%
12 months to Aug 2025$8.9M+33%7.7%+7.5 pts$329.1M−13%
12 months to Aug 2024$6.7M+74%0.2%+0.2 pts$377.8M−12%
12 months to Aug 2023$3.9M−46%0.1%+0.1 pts$427.1M+7.4%
12 months to Aug 2022$7.3M+53%0.0%0.0 pts$397.6M+47%
12 months to Aug 2021$4.7M−44%0.0%−2.0 pts$271.3M+82%
12 months to Aug 2020$8.4M−2.7%2.0%+0.9 pts$149.2M−42%
12 months to Aug 2019$8.7M+26%1.0%+1.0 pts$256.6M+27%
12 months to Aug 2018$6.9M+44%0.0%0.0 pts$202.3M+77%
12 months to Aug 2017$4.8M0.0%$114.4M

Who supplies the US

August 2026. Small figures under each value are the change from August 2025. Landed cost by origin, below, adds freight and duty to the price.

CountryUS importsShareAverage priceDuty paidLast 13 months
Japan$192K45.9%−32.8 pts$4,809/tonne−0.2%0.0%−10.0 pts
China$97K23.2%+14.7 pts$828.88/tonne+16%25.0%−30.0 pts
India$84K20.1%+14.9 pts$1,336/tonne−37%0.0%−10.0 pts
Spain$45K10.8%+3.3 pts$720.68/tonne+14%0.0%−7.5 pts
All countries$419K100.0%$1,480/tonne−37%5.8%−7.8 pts

The 3 largest suppliers had 92.7% of US imports over the last 12 months.

Landed cost by origin

What importers paid to land this product at a US port from each main supplier, June–August 2026: the price, freight and insurance to the first US port, and duty, per unit. Suppliers with 3% or more of these imports, cheapest landed first. Small figures under landed cost are the change from the same months a year earlier.

  • Price
  • Freight and insurance
  • Duty
CountryPriceFreight and insuranceDutyLanded costMake-up
Spain$700.10/tonne$195.01/tonne27.9% of price$45.34/tonne6.5% of price$940.45/tonne−6.2%
China$828.88/tonne$436.41/tonne52.7% of price$207.22/tonne25.0% of price$1,473/tonne−13%
India$1,578/tonne$161.81/tonne10.3% of price$81.83/tonne5.2% of price$1,822/tonne−29%
Japan$4,817/tonne$274.44/tonne5.7% of price$317.32/tonne6.6% of price$5,409/tonne−4.8%
All countries$1,760/tonne$231.79/tonne13.2% of price$130.47/tonne7.4% of price$2,122/tonne−21%

Landed at a US port, Spain was cheapest, at $940.45/tonne: 36.1% below China.

Landed cost from India fell 29% on a year earlier, to $1,822/tonne, mostly on price: $2,201/tonne then, $1,578/tonne now.

How the market is shifting

China gained the most share: 19.3% of US imports over the last 12 months, up from 9.7% in the 12 months before. Japan lost the most: 54.2%, down from 68.2%. The charts show September 2024 to August 2026 for the 4 largest suppliers over the last 12 months. Dotted lines mark lasting changes in duty paid, labelled with the supplier, or "Duty" when several moved; the tariff timeline lists each one with its notices.

  • Japan
  • China
  • India
  • Spain
  • All countries
Share of US imports
Show the numbers
MonthJapanChinaIndiaSpain
September 202481.8%0.0%15.0%2.8%
October 202485.9%0.4%12.2%0.0%
November 202467.1%0.0%12.8%9.2%
December 202465.3%8.9%20.1%5.7%
January 202577.7%0.0%13.5%8.8%
February 202534.6%0.0%50.9%14.5%
March 202575.1%0.0%8.0%14.6%
April 202562.5%0.9%14.7%21.9%
May 202567.0%0.0%26.3%6.7%
June 202570.6%13.2%5.0%6.8%
July 202547.9%44.4%7.7%0.0%
August 202578.7%8.5%5.2%7.5%
September 202573.3%8.0%12.5%5.9%
October 202578.2%0.0%14.6%2.4%
November 20250.0%69.9%19.0%4.8%
December 202586.2%1.1%4.0%6.1%
January 202668.1%0.0%24.2%6.3%
February 202649.3%0.0%34.6%12.8%
March 202628.7%56.9%12.5%1.1%
April 202665.8%0.0%34.2%0.0%
May 202631.3%52.3%13.0%0.5%
June 202661.8%0.0%27.5%10.7%
July 202625.1%0.0%59.6%9.3%
August 202645.9%23.2%20.1%10.8%
Duty paid, % of value
Show the numbers
MonthJapanChinaIndiaSpainAll countries
September 20240.0%n/a0.0%0.0%0.0%
October 20240.0%25.0%0.0%n/a0.1%
November 20240.0%n/a0.0%0.0%0.0%
December 20240.0%25.0%0.0%0.0%2.2%
January 20250.0%n/a0.0%0.0%0.0%
February 20250.0%n/a0.0%0.0%0.0%
March 20250.0%n/a0.0%0.0%0.0%
April 20250.0%0.0%0.0%0.0%0.0%
May 20253.2%n/a3.8%10.0%3.8%
June 202510.0%55.0%10.0%10.0%15.5%
July 202510.0%54.1%10.0%n/a29.6%
August 202510.0%55.0%10.0%7.5%13.6%
September 202513.6%55.0%27.0%10.0%18.3%
October 202515.0%n/a50.0%15.0%20.3%
November 2025n/a45.0%50.0%15.0%41.8%
December 202515.0%0.0%50.0%15.0%16.0%
January 202615.0%n/a50.0%15.0%23.5%
February 202615.0%n/a37.8%10.8%21.9%
March 202610.0%34.7%10.0%10.0%24.0%
April 202610.0%n/a10.0%n/a10.0%
May 202610.0%35.0%10.0%10.0%22.8%
June 202610.0%n/a7.5%10.0%9.3%
July 202610.0%n/a5.9%10.0%7.0%
August 20260.0%25.0%0.0%0.0%5.8%

Tariff actions touching this product

When the duty paid on this product changed and stayed changed, for its main suppliers and all countries, newest first, with the Federal Register notices that named the product in the 3 months before. Rates are medians of the 4 months either side, less any usual seasonal swing. A change shows what happened to duty paid, not why; read each notice for what it did.

  1. June 2026 · Duty paid: all countries 22.4% → 7.0%.
  2. July 2025 · Duty paid: Japan 1.6% → 11.8%, all countries 1.9% → 19.3%.
  3. October 2018 · Duty paid: China 0.0% → 9.4%.

Federal Register notices from the last 12 months that list this product's tariff codes. A notice can add a duty, exclude products from one or only mention them, so read each for what it changes. Search the Federal Register for 7203.90

Where it enters the US

Main ports of entry over the 12 months to August 2026: US imports and share.

  1. Norfolk-Newport News, VA$2.2M · 32.1%
  2. Baltimore, MD$1.6M · 23.2%
  3. Newark, NJ$1.5M · 22.1%
  4. Los Angeles, CA$1.4M · 20.3%
  5. Anchorage, AK$35K · 0.5%

Where US exports go

US exports were $43.8M in August 2026, down 14% from August 2025, and $405.1M over the last 12 months, up 23% on the 12 months before. Fastest-growing market with 3% or more of US exports: Canada, up 469%.

MarketLast 12 monthsSharevs 12 months before
Austria$129.1M31.9%−11%
Mexico$101.5M25.1%+12%
Italy$66.8M16.5%new
Turkey$61.9M15.3%−16%
Canada$44.6M11.0%+469%
Malaysia$575K0.1%−35%
Singapore$125K0.0%+56%
Jamaica$92K0.0%+1150%
Other countries (18)$390K0.1%−94%
All countries$405.1M100.0%+23%

Markets abroad

Each country's own import figures for this product, from UN Comtrade: the 8 biggest importers outside the US in the latest year each has reported, what they bought from the US, and the change from the year before. Values usually include freight and insurance to the importer's border, so they run a little above US export figures. Countries report a year or more late; 84 have reported 2025 so far. Where a country's figure for imports from the US is under half or over double what the US recorded exporting there that year, the US figure is shown under it.

MarketImportsvs year beforeFrom the USUS share
Turkey$87.9Min 2025+206%$11.6MUS records $64.0M13.2%
India$50.9Min 2025+39384%$2K0.0%
Indonesia$23.2Min 2025−26%$12K0.1%
Egypt$16.2Min 2025+632%$00.0%
France$7.5Min 2025+12%$4240.0%
Singapore$5.1Min 2025+7097%$23K0.5%
Malaysia$5.1Min 2025+88%$798K15.6%
Greece$3.5Min 2025−25%$00.0%

The biggest market outside the US is Turkey, which imported $87.9M of this product in 2025, 13.2% of that from the US by its own count; the US records $64.0M of exports there.

Of these, imports into Egypt grew fastest: up 632% from 2024 to 2025.

Other products under heading 7203: spongy ferrous products from direct reduction of ore and products in lumps, pellets etc.; iron, at least 99.94% (wt.) pure, in lumps, pellets etc.. US trade over the 12 months to August 2026.

ProductUS importsUS exports
Ferrous products obtained by direct reduction of iron oreHS 7203.10$599.6M$4.5M
About these figures
  • Source: US Census Bureau international trade data, not seasonally adjusted, in US dollars. Retrieved November 3, 2026.
  • US imports are general imports at customs value, which excludes freight and insurance. Exports are at free-alongside-ship value.
  • Average price is customs value divided by quantity (tonnes), across all of the product's 10-digit lines.
  • Duty paid is the duty Census calculates on each country's imports for consumption, as a share of their value. It moves with tariff changes, exemptions and the mix of goods within the product.
  • Landed cost adds Census's import charges (freight, insurance and other costs of bringing the goods to the first US port) and calculated duty to the customs value, per unit, across the product's 10-digit lines. It leaves out antidumping and countervailing duties, customs fees and transport inland. Prices are averages across the goods within the code, so a lower one can mean cheaper goods, not the same goods for less.
  • Markets abroad are each country's imports as it reports them to UN Comtrade, in US dollars, usually including freight and insurance. Countries report a year or more late and in their own edition of the HS codes, so one still on an older edition is missing for codes that changed in 2022.
  • Tariff notices are from the Federal Register, matched to this product by the HTS numbers in their text.
  • Census revises recent months, so figures can change slightly. These are estimates for research and planning, not customs or legal advice.

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