Covered by CBAM
Commodity code 7221 and UK CBAM
Bars and rods, hot-rolled, in irregularly wound coils, of stainless steel.
2 codes under heading 7221 are covered by the UK carbon border tax (CBAM), in the iron and steel sector. Every code under 7221 is covered. HMRC's default values run from 5.384 to 6.406 tCO2e per tonne, so roughly £52.17 to £62.07 tax per tonne, at HMRC's illustrative rate of £9.69 per tCO2e.
| Code | Description | Default value (tCO2e per tonne) | Tax per tonne |
|---|---|---|---|
| 7221 00 10 | Bars and rods of stainless steel, hot-rolled, in irregularly wound coils, containing by weight greater than or equal to 2.5% nickel | 5.384 | £52.17 |
| 7221 00 90 | Bars and rods of stainless steel, hot-rolled, in irregularly wound coils, containing by weight less than 2.5% nickel | 6.406 | £62.07 |
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