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%).
Top export destinations (2025)
| # | Country | Value | Share | Qty | Unit price |
|---|---|---|---|---|---|
| 1 | United States of America | ¥850M | 81.1% | 1,149,000 KG | ¥740/KG |
| 2 | United Kingdom | ¥131M | 12.5% | 175,500 KG | ¥745/KG |
| 3 | Republic of Korea | ¥41M | 3.9% | 62,500 KG | ¥658/KG |
| 4 | People's Republic of China | ¥14M | 1.3% | 18,000 KG | ¥774/KG |
| 5 | Malaysia | ¥7M | 0.6% | 5,000 KG | ¥1,305/KG |
Top import sources (2025)
| # | Country | Value | Share | Qty | Unit price |
|---|---|---|---|---|---|
| 1 | Malaysia | ¥73M | 100.0% | 1,200,190 KG | ¥61/KG |
Subcategories2items
Related codes
Other codes in the same classification group
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