Steel billets (HS 720711) are a critical semi-finished intermediate product primarily fed into rolling mills to produce long steel products such as rebar, wire rod, and structural sections. Supply is heavily concentrated among major steel-producing nations—particularly China, Russia, and Brazil—making the product highly susceptible to trade remedy actions, sanctions exposure (notably Russian and Ukrainian origin material), and country-of-origin scrutiny. Buyers should monitor anti-dumping and countervailing duty orders across key importing jurisdictions, as transshipment to circumvent duties is a recognized and documented risk for this product category.
HS Code 720711 covers Steel Billets (Low Carbon) under the Harmonized System. It is used for customs declarations, import duty assessment, trade statistics, export documentation, and sourcing analysis.
Products classified under HS 720711 are used across Construction, Long Steel Products Manufacturing, Wire Rod Production, Rebar Manufacturing. Demand is driven by Infrastructure spending, Construction activity, Downstream rolling mill capacity, Urbanization rates.
Major exporting countries include China, Russia, Indonesia, Ukraine, Malaysia based on recent international trade reporting.
Demand is linked to Infrastructure spending, Construction activity, Downstream rolling mill capacity, Urbanization rates. Input costs are influenced by Iron ore / Scrap steel.
Verify final rates with HTSUS, TARIC, CBIC India, and a licensed customs broker.
US importers of Steel Billets (Low Carbon) must classify at the HTS10 level. Additional measures such as Section 232, Section 301, ADD/CVD, or Chapter 99 provisions may apply depending on the exact classification and origin.
EU importers classify Steel Billets (Low Carbon) at TARIC10 level. Preferential treatment may apply where rules of origin are satisfied under EU trade agreements. Intra-EU trade is duty-free.
India assesses Steel Billets (Low Carbon) at the HS8 level under the CBIC Customs Tariff. The applicable duty framework is: BCD 7.50% + SWS 0.75% + IGST 18% = 27.80% effective gross rate. IGST is generally recoverable for registered B2B importers via GST filing.
Based on recent international trade data, the leading exporting countries for Steel Billets (Low Carbon) are:
These corridors show where trade activity is concentrated. Buyers use this signal to identify supplier depth, established logistics lanes, and alternative sourcing markets.
| HS Code | 720711 |
| Product | Steel Billets (Low Carbon) |
| Chapter | 72 — Semi-Finished Steel Products |
| Major exporting countries | China, Russia, Indonesia, Ukraine, Malaysia |
| Primary industries | Construction, Long Steel Products Manufacturing, Wire Rod Production, Rebar Manufacturing |
| Trade year | 2024 |
| US duty framework | HTS10 classification dependent |
| EU duty framework | 0% MFN |
| India BCD | 7.50% BCD |
Logitality sourcing intelligence for HS 720711 combines global trade corridors, tariff data, commodity cost signals, FX movement, and supplier-country analysis to compare origins by estimated landed cost.
Compare supplier countries for HS 720711 by full duty stack and landed cost.
Run sourcing intelligence →Read the detailed sourcing guide for HS 720711 Steel Billets (Low Carbon), including supplier-country analysis, trade-flow context, and procurement considerations.
HS 720711 Steel Billets (Low Carbon): Sourcing Guide, Duty Rates & Price Outlook 2025 →
HS Code 720711 covers Steel Billets (Low Carbon) and is used for customs declarations, trade statistics, import duty assessment, and sourcing analysis.
Duty varies by destination and classification. US: HTS10 classification dependent. EU: 0% MFN. India: 7.50% BCD.
Major exporting countries include China, Russia, Indonesia, Ukraine, Malaysia, based on recent trade reporting.