CSMS # 65236374: Updated Guidance – Import Duties on Imports of Steel and Steel Derivative Products

June 4th, 2025 – On June 3rd, 2025, a Presidential Proclamation increased Section 232 steel tariffs from 25% to 50% ad valorem for most steel and steel derivative imports. The new rate applies to goods entered or withdrawn for consumption on or after June 4th, 2025. UK-origin goods remain at 25%.

Key Changes:

New 50% Duty Rate:
- Applies to most steel and derivative products from all countries, effective June 4th, 2025
- UK products continue to be subject to the existing 25% rate
HTSUS Classifications Affected:
- Multiple new Chapter 99 codes now define steel and derivative goods by origin, status in FTZ, and classification (e.g., Chapter 73 or not)
- Products made from U.S. melted and poured steel may qualify for a 0% duty under specific HTSUS (e.g., 9903.81.92)

Duty Based on Steel Content Value:

For Chapter 73 goods and some new derivatives, duty applies only to the value of the steel content
Reporting requirements:
- If steel value is unknown or equals the total entered value, report as one line
- If steel content is less than total value, report on two lines (one for steel content, one for non-steel content)

Melt and Pour Reporting:

Mandatory ISO country code reporting of steel’s melt and pour origin
- Use “US” if melted and poured in the U.S.
- Use “OTH” for unknown/other countries

Foreign Trade Zones (FTZ):

Items admitted before June 4th, 2025, under privileged foreign status are still subject to new duty rates when entered for consumption
Specific HTSUS codes must be used based on product type and admission date

Exclusions & Drawback: