Heading (4-digit)

7203Ferrous products obtained by direct reduction of iron ore and other spongy ferrous products, in lumps, pellets or similar forms; iron having a minimum purity by weight of 99.94 %, in lumps, pellets or similar forms:

鉄鉱石を直接還元して得た鉄鋼その他の海綿状の鉄鋼及び重量比による純度が99.94%以上の鉄(ランプ、ペレットその他これらに類する形状のものに限る。)

HS code 7203 is a Heading (4-digit) classification number. In Japan's trade statistics (published by Ministry of Finance), it represents import/export items classified as Ferrous products obtained by direct reduction of iron ore and other spongy ferrous products, in lumps, pellets or similar forms; iron having a minimum purity by weight of 99.94 %, in lumps, pellets or similar forms:. This code has 2 subcategories defined below it.

Latest trade statistics

In Mar 2025, Japan's imports under HS code 7203 (Ferrous products obtained by direct reduction of iron ore and other spongy ferrous products, in lumps, pellets or similar forms; iron having a minimum purity by weight of 99.94 %, in lumps, pellets or similar forms:) totaled ¥73M, with a volume of 1,200,190 KG at about ¥61/KG. The top import sources are Malaysia (100.0%). Exports totaled ¥65M (YoY +9.9%), with a volume of 87,000 KG at about ¥742/KG. The top export destinations are United States of America (81.1%), United Kingdom (12.5%), Republic of Korea (3.9%).

Export (May 2026)
¥65M
YoY: +9.9%
Qty: 87,000 KG
Unit price: ¥742/KG
Import (Mar 2025)
¥73M
YoY:
Qty: 1,200,190 KG
Unit price: ¥61/KG

Top export destinations (2025)

#CountryValueShareQtyUnit price
1United States of America¥850M81.1%1,149,000 KG¥740/KG
2United Kingdom¥131M12.5%175,500 KG¥745/KG
3Republic of Korea¥41M3.9%62,500 KG¥658/KG
4People's Republic of China¥14M1.3%18,000 KG¥774/KG
5Malaysia¥7M0.6%5,000 KG¥1,305/KG

Top import sources (2025)

#CountryValueShareQtyUnit price
1Malaysia¥73M100.0%1,200,190 KG¥61/KG

Related codes

Other codes in the same classification group

7201Pig iron and spiegeleisen in pigs, blocks or other primary forms:7202Ferro-alloys:7204Ferrous waste and scrap; remelting scrap ingots of iron or steel:7205Granules and powders, of pig iron, spiegeleisen, iron or steel:7206Iron and non-alloy steel in ingots or other primary forms (excluding iron of heading 72.03):7207Semi-finished products of iron or non-alloy steel:7208Flat-rolled products of iron or non-alloy steel, of a width of 600 mm or more, hot-rolled, not clad, plated or coated:7209Flat-rolled products of iron or non-alloy steel, of a width of 600 mm or more, cold-rolled (cold-reduced), not clad, plated or coated:7210Flat-rolled products of iron or non-alloy steel, of a width of 600 mm or more, clad, plated or coated:7211Flat-rolled products of iron or non-alloy steel, of a width of less than 600 mm, not clad, plated or coated:7212Flat-rolled products of iron or non-alloy steel, of a width of less than 600 mm, clad, plated or coated:7213Bars and rods, hot-rolled, in irregularly wound coils, of iron or non-alloy steel:7214Other bars and rods of iron or non-alloy steel, not further worked than forged, hot-rolled, hot-drawn or hot-extruded, but including those twisted after rolling:7215Other bars and rods of iron or non-alloy steel:7216Angles, shapes and sections of iron or non-alloy steel:7217Wire of iron or non-alloy steel:7218Stainless steel in ingots or other primary forms; semi-finished products of stainless steel:7219Flat-rolled products of stainless steel, of a width of 600 mm or more:7220Flat-rolled products of stainless steel, of a width of less than 600 mm:7222Other bars and rods of stainless steel; angles, shapes and sections of stainless steel:7224Other alloy steel in ingots or other primary forms; semi-finished products of other alloy steel:7225Flat-rolled products of other alloy steel, of a width of 600 mm or more:7226Flat-rolled products of other alloy steel, of a width of less than 600 mm:7227Bars and rods, hot-rolled, in irregularly wound coils, of other alloy steel:7228Other bars and rods of other alloy steel; angles, shapes and sections, of other alloy steel; hollow drill bars and rods, of alloy or non-alloy steel:7229Wire of other alloy steel:

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