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Cobalt-Iron Magnetic Alloy Billets

Billets of cobalt-iron alloy used for permanent magnets in electric motors. Cobalt predominates by weight over iron, and the billets are unwrought, so they fall under 8105.20.00 as unwrought cobalt alloy.

Import Duty Rates by Country of Origin

Origin CountryMFN TariffSurtaxesTotal Effective Rate
πŸ‡¨πŸ‡³ChinaFreeβ€”Free
πŸ‡²πŸ‡½MexicoFreeβ€”Free
πŸ‡ΊπŸ‡ΈUnited StatesFreeβ€”Free
πŸ‡©πŸ‡ͺGermanyFreeβ€”Free
πŸ‡―πŸ‡΅JapanFreeβ€”Free

Alternative Classifications

This product could be classified differently depending on its characteristics or intended use.

8505.11.00Same rate: Free

If the billets are finished permanent magnets

Finished magnets fall under Chapter 85, not base metal articles.

Not sure which classification is right?

The Tariff Assistant works through the GRI rules on your specific product to reach the right tariff item β€” and can price the duty on it in the same conversation.

Import Tips & Compliance

β€’ Confirm cobalt content exceeds iron by weight, as per Section XV Note 5(a)

β€’ Ensure billets are not considered 'bars or rods' under Note 9(a) β€” if they have a uniform cross-section and are not in coils, they may be classified as unwrought

β€’ Keep documentation of the alloy composition for CBSA verification