HBI Hot Briquetted Iron from Mexico
Hot Briquetted Iron (HBI) is produced by direct reduction of iron ore into lumps or fines, which are then compacted at high temperature into briquettes. This process preserves the metallic iron content and creates a dense, stable product suitable for shipping and use in electric arc furnaces. HBI is classified under tariff item 7203.10.00 as a ferrous product obtained by direct reduction of iron ore.
Duty Rate — Mexico → Canada
0%
Import Tips
• Confirm that the HBI is made from iron ore through a direct reduction process and not from scrap or other ferrous materials
• Keep documentation of the production process and chemical composition to present to CBSA if requested
• Check if the HBI qualifies for duty-free entry under the Most-Favoured-Nation (MFN) tariff or a trade agreement