We have received guidance from the NCBFAA Customs Committee confirming a FAQ issued by CBP addressing the treatment of iron under the Section 232 steel tariff. Despite earlier information to the contrary, iron is not to be considered as a steel component when entering derivative products for which a component breakdown may be provided. This applies to all goods under the steel derivatives list which are not classified in Chapters 73 and 76. The FAQ may be found here and the issue on reporting iron is the next to last question.
Best Regards,
Sam McClure, LCB
Director of Compliance & Customs Services