Brazil NCM · 8-digit code

NCM 7203.10.00 – Ferrous products by direct reduction of iron ore

NCM 7203.10.00 (also written 72031000) is Brazil's code for ferrous products by direct reduction of iron ore. Its first 6 digits are HS code 7203.10.

Official description of NCM 7203.10.00

PortuguêsOfficial
Produtos ferrosos obtidos por redução direta dos minérios de ferro
EnglishUnofficial translation

Ferrous products; obtained by direct reduction of iron ore, in lumps, pellets or similar forms

Nomenclatura Comum do Mercosul (Siscomex). Updated Oct 2026 · In force since Apr 2022 (Res Gecex 272/2021).

How to read NCM 7203.10.00

72Chapter 03Heading 10Subheading

HS code 7203.10
Same in every country

0Item 0Subitem

Added by Mercosur
Brazil, Argentina, Paraguay, Uruguay

The first 6 digits are the international HS code, so their meaning is the same in every country; Brazil publishes the text in Portuguese. The last two digits are 00 because Brazil does not split this HS code further. The full 8-digit code is used on import declarations (DUIMP), invoices (NF-e) and tax filings.

Full classification path

  1. Chapter 72 Iron and steel Ferro fundido, ferro e aço.
  2. Heading 72.03 Ferrous products obtained by direct reduction of iron ore and other spongy ferrous products, in lumps, pellets or the like; iron having a minimum purity of 99.94%, in lumps, pellets or similar forms Produtos ferrosos obtidos por redução direta dos minérios de ferro e outros produtos ferrosos esponjosos, em pedaços, esferas ou formas semelhantes; ferro de pureza mínima, em peso, de 99,94 %, em pedaços, esferas ou formas semelhantes.
  3. Subheading 7203.10 Ferrous products; obtained by direct reduction of iron ore, in lumps, pellets or similar forms
  4. Subitem 7203.10.00 Ferrous products; obtained by direct reduction of iron ore, in lumps, pellets or similar forms Produtos ferrosos obtidos por redução direta dos minérios de ferro

Questions about NCM 7203.10.00

What is NCM 7203.10.00?

NCM 7203.10.00 (72031000) is the Brazilian (Mercosur) code for ferrous products by direct reduction of iron ore. Its official Portuguese description is “Produtos ferrosos obtidos por redução direta dos minérios de ferro”.

What is the HS code for NCM 7203.10.00?

HS 7203.10 (Ferrous products; obtained by direct reduction of iron ore, in lumps, pellets or similar forms). The first 6 digits of an NCM code are its international HS code; the last 2 digits are Brazil's own split.

Is an NCM code the same as an HS code?

The first 6 digits are the same in every country. NCM adds an item digit (7th) and a subitem digit (8th). A code ending in 00 means Brazil does not split that HS code further.

Which countries use NCM 7203.10.00?

All Mercosur members use the same NCM codes: Argentina, Brazil, Paraguay and Uruguay.

Source: Siscomex Classif NCM table, updated Oct 2026 (Resolução Gecex nº 926/2026). The Portuguese text is the official one; the English is our translation.