CBAM default value for CN 7203 in every country
Ferrous products obtained by direct reduction of iron ore and other spongy ferrous products, in lumps, pellets or simila
The EU published its own default value for this code for 8 countries. Goods from any other country use the value for “other countries and territories”. Importers add a mark-up: 10% in 2026, 20% in 2027 and 30% from 2028.
Lowest: United States
0.45
t CO2e per tonne, before mark-up
Other countries and territories
1.325
€88 per tonne for the buyer in 2026, at €82.32/t CO2
Highest: India
4.2
t CO2e per tonne, before mark-up
Every country, lowest value first
| Country of production | Default | 2026 incl. mark-up | vs other countries | Cost per tonne in 2026 at €82.32 |
|---|---|---|---|---|
| United States | 0.45 | 0.495 | −66% | €9 |
| Mexico | 0.58 | 0.638 | −56% | €21 |
| Canada | 0.76 | 0.836 | −43% | €37 |
| South Africa | 0.76 | 0.836 | −43% | €37 |
| Algeria | 0.81 | 0.891 | −39% | €41 |
| Argentina | 1.03 | 1.133 | −22% | €61 |
| Russia | 2.01 | 2.211 | +52% | €150 |
| India | 4.2 | 4.62 | +217% | €348 |
| Other countries and territories | 1.325 | 1.458 | – | €88 |
Unknown country of production (Annex IV): 4.2 t CO2e/t. This value is meant for precursors whose origin is not known, not for the goods themselves.
The cost column deducts the free allocation (CBAM factor × the EU benchmark for the default value's production route), so two countries with the same default value can differ when their routes differ.
Use these values
- Cost calculator: your buyer's yearly cost for your tonnage and country, to 2034.
- Is HS 7203 covered by CBAM?: every code under the heading, today and in the 2028 proposal.
- Sourcing comparison: the same comparison for the steel and aluminium you buy in.
- Data feed: every value as JSON or CSV.
Default values: Implementing Regulation (EU) 2025/2621 Annex I/IV as corrected by (EU) 2026/1740 (Commission file v2, 6 Aug 2026). Benchmarks: Implementing Regulation (EU) 2025/2620, Annex section 5, Column B, every production route (Commission file v1, 6 Feb 2025). Indicative only, not legal or customs advice. See the disclaimer.