Iron and steel · CBAM

CBAM default values for CN 7203

Ferrous products obtained by direct reduction of iron ore and other spongy ferrous…

Example: for 7203 made in India, the default value is 4.2 tCO2e per tonne, 5.04 with the 2027 mark-up, or about €414.89 per tonne at the latest certificate price, before deductions.

CN codes under 7203

CN code	Description
`7203`	Ferrous products obtained by direct reduction of iron ore and other spongy ferrous products, in lumps, pellets or similar forms; iron having a minimum purity by weight of 99,94 %, in lumps, pellets or similar forms

Default values by country

Total embedded emissions in tCO2e per tonne of good. The mark-up for this sector is 10 % in 2026, 20 % in 2027, 30 % in 2028 and later. A * means at least one code uses the "Other countries and territories" value, as the regulation requires when a country has no value of its own.

Country	Default value	2026 with mark-up	2027 with mark-up	2028+ with mark-up
Albania *	1.325	1.458	1.59	1.723
Algeria	0.81	0.891	0.972	1.053
Angola *	1.325	1.458	1.59	1.723
Argentina	1.03	1.133	1.236	1.339
Armenia *	1.325	1.458	1.59	1.723
Australia *	1.325	1.458	1.59	1.723
Azerbaijan *	1.325	1.458	1.59	1.723
Bahrain *	1.325	1.458	1.59	1.723
Bangladesh *	1.325	1.458	1.59	1.723
Belarus *	1.325	1.458	1.59	1.723
Benin *	1.325	1.458	1.59	1.723
Bolivia *	1.325	1.458	1.59	1.723
Bosnia and Herzegovina *	1.325	1.458	1.59	1.723
Brazil *	1.325	1.458	1.59	1.723
Brunei *	1.325	1.458	1.59	1.723
Cambodia *	1.325	1.458	1.59	1.723
Cameroon *	1.325	1.458	1.59	1.723
Canada	0.76	0.836	0.912	0.988
Chile *	1.325	1.458	1.59	1.723
China *	1.325	1.458	1.59	1.723
Colombia *	1.325	1.458	1.59	1.723
Congo *	1.325	1.458	1.59	1.723
Congo, Democratic Republic of *	1.325	1.458	1.59	1.723
Costa Rica *	1.325	1.458	1.59	1.723
Cuba *	1.325	1.458	1.59	1.723
Curaçao *	1.325	1.458	1.59	1.723
Dominican Republic *	1.325	1.458	1.59	1.723
Ecuador *	1.325	1.458	1.59	1.723
Egypt *	1.325	1.458	1.59	1.723
El Salvador *	1.325	1.458	1.59	1.723
Equatorial Guinea *	1.325	1.458	1.59	1.723
Eritrea *	1.325	1.458	1.59	1.723
Eswatini *	1.325	1.458	1.59	1.723
Ethiopia *	1.325	1.458	1.59	1.723
Gabon *	1.325	1.458	1.59	1.723
Georgia *	1.325	1.458	1.59	1.723
Ghana *	1.325	1.458	1.59	1.723
Guatemala *	1.325	1.458	1.59	1.723
Haiti *	1.325	1.458	1.59	1.723
Honduras *	1.325	1.458	1.59	1.723
Hong Kong *	1.325	1.458	1.59	1.723
India	4.2	4.62	5.04	5.46
Indonesia *	1.325	1.458	1.59	1.723
Iran, Islamic Republic of *	1.325	1.458	1.59	1.723
Iraq *	1.325	1.458	1.59	1.723
Israel *	1.325	1.458	1.59	1.723
Ivory Coast *	1.325	1.458	1.59	1.723
Jamaica *	1.325	1.458	1.59	1.723
Japan *	1.325	1.458	1.59	1.723
Jordan *	1.325	1.458	1.59	1.723
Kazakhstan *	1.325	1.458	1.59	1.723
Kenya *	1.325	1.458	1.59	1.723
Korea, Republic of (South Korea) *	1.325	1.458	1.59	1.723
Kuwait *	1.325	1.458	1.59	1.723
Kyrgyzstan *	1.325	1.458	1.59	1.723
Laos *	1.325	1.458	1.59	1.723
Lebanon *	1.325	1.458	1.59	1.723
Liberia *	1.325	1.458	1.59	1.723
Libya *	1.325	1.458	1.59	1.723
Madagascar *	1.325	1.458	1.59	1.723
Malaysia *	1.325	1.458	1.59	1.723
Mali *	1.325	1.458	1.59	1.723
Mauritania *	1.325	1.458	1.59	1.723
Mauritius *	1.325	1.458	1.59	1.723
Mexico	0.58	0.638	0.696	0.754
Moldova, Republic of *	1.325	1.458	1.59	1.723
Mongolia *	1.325	1.458	1.59	1.723
Montenegro *	1.325	1.458	1.59	1.723
Morocco *	1.325	1.458	1.59	1.723
Mozambique *	1.325	1.458	1.59	1.723
Myanmar *	1.325	1.458	1.59	1.723
Namibia *	1.325	1.458	1.59	1.723
Nepal *	1.325	1.458	1.59	1.723
New Caledonia and dependencies *	1.325	1.458	1.59	1.723
New Zealand *	1.325	1.458	1.59	1.723
Nicaragua *	1.325	1.458	1.59	1.723
Niger *	1.325	1.458	1.59	1.723
Nigeria *	1.325	1.458	1.59	1.723
North Korea (Democratic People’s Republic of Korea) *	1.325	1.458	1.59	1.723
North Macedonia *	1.325	1.458	1.59	1.723
Oman *	1.325	1.458	1.59	1.723
Pakistan *	1.325	1.458	1.59	1.723
Panama *	1.325	1.458	1.59	1.723
Papua New Guinea *	1.325	1.458	1.59	1.723
Paraguay *	1.325	1.458	1.59	1.723
Peru *	1.325	1.458	1.59	1.723
Philippines *	1.325	1.458	1.59	1.723
Qatar *	1.325	1.458	1.59	1.723
Russian Federation	2.01	2.211	2.412	2.613
Rwanda *	1.325	1.458	1.59	1.723
Saudi Arabia *	1.325	1.458	1.59	1.723
Senegal *	1.325	1.458	1.59	1.723
Serbia *	1.325	1.458	1.59	1.723
Sierra Leone *	1.325	1.458	1.59	1.723
Singapore *	1.325	1.458	1.59	1.723
South Africa	0.76	0.836	0.912	0.988
Sri Lanka *	1.325	1.458	1.59	1.723
Sudan *	1.325	1.458	1.59	1.723
Suriname *	1.325	1.458	1.59	1.723
Syria *	1.325	1.458	1.59	1.723
Taiwan *	1.325	1.458	1.59	1.723
Tajikistan *	1.325	1.458	1.59	1.723
Tanzania, United Republic of *	1.325	1.458	1.59	1.723
Thailand *	1.325	1.458	1.59	1.723
Togo *	1.325	1.458	1.59	1.723
Trinidad and Tobago *	1.325	1.458	1.59	1.723
Tunisia *	1.325	1.458	1.59	1.723
Türkiye *	1.325	1.458	1.59	1.723
Turkmenistan *	1.325	1.458	1.59	1.723
Uganda *	1.325	1.458	1.59	1.723
Ukraine *	1.325	1.458	1.59	1.723
United Arab Emirates *	1.325	1.458	1.59	1.723
United Kingdom *	1.325	1.458	1.59	1.723
United States	0.45	0.495	0.54	0.585
Uruguay *	1.325	1.458	1.59	1.723
Uzbekistan *	1.325	1.458	1.59	1.723
Venezuela *	1.325	1.458	1.59	1.723
Viet Nam *	1.325	1.458	1.59	1.723
Yemen *	1.325	1.458	1.59	1.723
Zambia *	1.325	1.458	1.59	1.723
Zimbabwe *	1.325	1.458	1.59	1.723
Other countries and territories	1.325	1.458	1.59	1.723

Look up one code

CN code Country of production Year

Source: Commission Implementing Regulation (EU) 2025/2621, Annexes I and IV as replaced by Commission Implementing Regulation (EU) 2026/1740, published in the Official Journal on 31 July 2026 and applying from 1 January 2026 (official text). Certificate prices: European Commission. The mark-up figures are our arithmetic on the official totals; the binding figure is calculated in the EU's CBAM Registry. This is information, not legal or tax advice.