HS Code:
The 'Relaying or rerolling rails' category, typically classified under HS Code 7302.10, pertains to iron or steel rails used for railway or tramway tracks, specifically those that are either second-hand or have been reprocessed for reuse. These rails are critical in the transportation infrastructure sector, supporting rail network expansions, maintenance, and upgrades globally. The trade of relaying or rerolling rails is influenced by the demand for cost-effective materials in developing regions and the recycling trends in developed markets.
Total Trade Volume
USD 1.2 billion
Data from 2022
Source
United Nations Comtrade Database
Average Rate
5.2%
Highest Rate
12% (applied by certain developing countries to protect domestic industries)
Lowest Rate
0% (under free trade agreements like EU internal trade or USMCA)
Rising demand in developing economies
Increased trade volume as countries like India and African nations invest in railway infrastructure, driving demand for cost-effective rerolled rails.
2021-2022
Sustainability focus in developed markets
Growing preference for recycled and rerolled rails in Europe and North America due to environmental regulations and sustainability goals.
2020-2022
Fluctuating raw material prices
Volatility in steel prices affects the cost competitiveness of rerolling rails, impacting trade margins and volumes.
2022
The European Union introduced stricter recycling and quality standards for imported rerolled rails to ensure safety and environmental compliance.
June 2023
This may increase costs for exporters to the EU but ensures higher quality products in the market, potentially benefiting compliant suppliers.
China has ramped up exports of relaying rails as part of its Belt and Road Initiative, targeting railway projects in Asia and Africa.
March 2023
This has led to a significant increase in trade volume from China, intensifying competition for other exporters.
The United States adjusted tariffs on steel products, including rerolled rails, to support domestic producers under Section 232 measures.
January 2023
Higher tariffs may reduce imports into the US, redirecting trade flows to other regions like Latin America or Asia.