THE
7203.10

Subheading in 7203 — Ferrous products obtained by direct reduction of iron ore and other spongy ferrous…

Ferrous products obtained by direct reduction of iron ore

$471MIndia’s exports in 2025
21countries bought from India in 2025
16,05,598tonnes shipped in 2025
$271MIndia also imported in 2025

India’s exports, year by year

US$, calendar years, all destinations combined. Source: UN Comtrade (India’s own reports).

Biggest buyers, 2025

  1. Nepal
  2. Bangladesh
  3. Bhutan
  4. Armenia
  5. Madagascar
  6. Ethiopia
  7. United Rep. of Tanzania
  8. Georgia
  9. Sri Lanka
  10. Kenya

Ranked by value. Country-by-country figures are not shown.

Indian tariff lines (8-digit) and GST

ITC-HS codeDescriptionGST
7203.10.00Ferrous products obtained by direct reduction of iron ore18%

GST on supply within India, as of 1 May 2026. Where two rates are shown, the rate depends on a condition in the GST notification: open the code for the exact rule. Exports are zero-rated supplies.

Other codes in 7203