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Iron and Steel from Spain Tariff: 50% (2026)

Tariff Rate Breakdown

15%
EU Deal Ceiling
50%
Section 232
50%
Effective Rate

The 50% Section 232 rate applies to articles wholly of steel, aluminum, or copper (derivatives are 25%), on full customs value. The 15% EU-US deal ceiling does not stack on the Section 232 metal content β€” it reaches only any non-metal portion β€” so a wholly-metal article’s effective rate is 50%, not 65%.

Among US trading partners for iron and steel, Spain plays a notable role, with approximately $27B in total bilateral trade.

As of July 2026, iron and steel imports from Spain fall under the EU-US trade deal that took effect July 1, 2026: a 15% all-inclusive tariff ceiling. Nothing stacks on top β€” goods with MFN rates below 15% pay a total of 15%, and goods with MFN rates of 15% or higher pay MFN only. The 2026 path here: the Supreme Court struck down IEEPA tariffs on February 20 (Learning Resources v. Trump), a 10% Section 122 tariff applied from February 24, and the EU deal rate replaced it on July 1.

The July 24, 2026 Section 122 expiration that looms over non-EU imports is largely moot for Spain: EU-origin goods moved onto the deal rate July 1, 2026. Watch September 1, 2026 instead β€” aircraft and aircraft parts, generics plus their ingredients and precursors, and unavailable natural resources from the EU go MFN-only that day.

Products in this chapter may be subject to Section 232 metals tariffs, which are carved out of the EU deal's 15% ceiling: EU-origin steel and aluminum remain at the full Section 232 rates (subject to further negotiation). Since the April 6, 2026 restructuring these are two-tier: 50% on articles wholly of steel, aluminum, or copper and 25% on derivative articles, on the full customs value (doubled from 25% to 50% in June 2025). So a wholly-metal article from Spain runs about 50%.

Key products in HTS Chapter 72 imported from Spain include Hot-rolled steel coils, Cold-rolled steel sheets, Steel rebar, Stainless steel, Steel wire, and Steel pipe and tube.

Common Products in Chapter 72

Hot-rolled steel coilsCold-rolled steel sheetsSteel rebarStainless steelSteel wireSteel pipe and tubeSteel billetsGalvanized steel

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Frequently Asked Questions

What is the current tariff rate on iron and steel from Spain?
As of July 2026, iron and steel from Spain fall under the EU-US trade deal's 15% all-inclusive ceiling (effective July 1, 2026). Nothing stacks on top β€” goods with MFN rates below 15% pay 15% total, and goods with MFN rates of 15% or higher pay MFN only. Exception: Section 232 metals tariffs are carved out of the deal β€” EU steel/aluminum articles wholly of the metal remain at 50% (derivatives 25%, on full customs value). The effective rate is about 50% on the most-affected products.
Will the tariff on iron and steel from Spain change?
Unlike the temporary Section 122 tariff on non-EU countries (which expires approximately July 24, 2026), the EU deal's 15% ceiling has no built-in expiration. The next scheduled change is September 1, 2026, when EU aircraft and aircraft parts, generic pharmaceuticals plus their ingredients and precursors, and unavailable natural resources revert to MFN-only rates. Section 232 metals tariffs remain at 50% and are subject to further EU-US negotiation.
How did 2026's tariff changes affect iron and steel imports from Spain?
Three regimes in one year: the Supreme Court struck down IEEPA reciprocal tariffs on February 20, 2026; a 10% Section 122 tariff bridged February 24 through June 30; and the EU-US trade deal's 15% all-inclusive ceiling took effect July 1, 2026. In exchange, the EU eliminated its duties on US industrial goods the same day.

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