Commodity code

7204 under the UK CBAM

Excepted by the Table

Ferrous waste and scrap; remelting scrap ingots and steel

The Table prints 7204 in the exception sequence and HMRC's scope guidance lists Except 7204, so an importer of scrap pays nothing on it. Scrap charged to a furnace abroad is still counted by the mass balance for the carbon it contains.

Basis
Schedule 16 to the Finance Act 2026, Table in paragraph 1
Sector
None; the code is outside the tax, and the iron and steel page explains the sector
Aggregated goods category
Not mapped
Relevant gases
Not applicable
Precursors
Not applicable
Emissions treatment
None; no CBAM is charged on goods classified under this code.

The checker applies the Table to any eight-digit code. Whether goods are correctly classified under a code is a customs question under paragraph 2(2) of Schedule 16, and the code on the customs declaration decides.

Other codes in this sector