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US Tariffs on Articles of Iron or Steel from Iran — 60% (2026)

Tariff Rate Breakdown

10%

Section 122 Base

50%

Section 232

60%

Total Effective Rate

The United States imports substantial quantities of articles of iron or steel from Iran, with approximately $0.1B in total bilateral trade.

Following the Supreme Court's landmark February 20, 2026 decision striking down IEEPA tariffs, imports of articles of iron or steel from Iran are now subject to a 10% tariff under Section 122 of the Trade Act of 1974, effective February 24, 2026.

This 10% rate has a built-in expiration: Section 122 limits presidential tariff authority to 150 days, meaning the tariff expires approximately July 24, 2026 without congressional renewal.

Products in this chapter may be subject to Section 232 tariffs of 50% on steel and aluminum items, which were doubled in June 2025 and remain unaffected by the SCOTUS ruling. When applicable, the combined rate reaches 60%.

Key products in HTS Chapter 73 imported from Iran include Steel structures, Steel containers, Screws and bolts, Steel springs, Wire fencing, and Steel nails.

Common Products in Chapter 73

Steel structuresSteel containersScrews and boltsSteel springsWire fencingSteel nailsStoves and radiatorsSteel doorsChain

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Frequently Asked Questions

What is the current tariff rate on articles of iron or steel from Iran?

As of March 2026, articles of iron or steel from Iran face a base tariff of 10% under Section 122. Section 232 tariffs of 50% apply to steel and aluminum products. The effective rate can be up to 60%.

Will the tariff on articles of iron or steel from Iran change?

The Section 122 tariff of 10% expires approximately July 24, 2026, unless Congress extends it. Section 232 tariffs on metals also have no set expiration. Monitor legislative developments for updates.

How did the Supreme Court ruling affect articles of iron or steel imports from Iran?

The Supreme Court's February 20, 2026 ruling struck down IEEPA reciprocal tariffs as exceeding presidential authority. The president signed a replacement 10% tariff under Section 122 the same day, effective February 24.