$433,360 worth of stainless steel flat bars. One shipment. One bill of lading.
This page breaks down the complete customs record for CFF Stainless Steels Inc’s import of 12 bundles of stainless steel slit rolled edge flat bars (HS 722219) — supplied by Yieh Corp. Ltd, South Korean origin, routed through Russia. Trade date: January 28, 2023.
The US stainless steel non-circular bar import market hit USD 89.81 million in 2024. Here’s how this single shipment fits into the bigger picture.
Complete customs record for the stainless steel flat bar shipment imported by CFF Stainless Steels Inc. Every key field — from HS classification to financial details — captured below.
| Trade Date | January 28, 2023 |
| HS Code | 722219 |
| Product Description | Other Bars and Rods of Stainless Steel; 12 Bundles Stainless Steel Slit Rolled Edge Flat Bar |
| Supplier | Yieh Corp. Ltd |
| Buyer | CFF Stainless Steels Inc |
| Buyer Country | United States of America |
| Supply Country | Russia |
| Country of Origin | South Korea |
| Quantity | 12 Bundles |
| Amount (USD) | 433,360 |
Key Takeaway: South Korean-origin stainless steel flat bars, supplied by a Taiwan-based global trader, routed through Russia to a US buyer. A textbook example of complex international steel supply chains.

Stainless steel slit rolled edge flat bars are precision-manufactured profiles produced by slitting coils into specific widths, then rolling edges smooth. No sharp burrs. Uniform finish. Ready for demanding applications.
These bars serve critical industries: food processing, pharmaceutical manufacturing, chemical handling, and architectural structures. The rolled edge isn’t cosmetic — it’s a safety and performance requirement.
Global trade in HS 722219 reached USD 475 million in 2024 (OEC data), down 14.1% from USD 553M in 2023. Trade policy shifts and raw material volatility drove the decline.

Goods originated in South Korea — the world’s 5th-largest steel producer — but were supplied through Russia. Why? Global traders like Yieh Corp optimize logistics across multiple hubs.
Yieh Corp. Ltd (est. 1997, Kaohsiung, Taiwan) serves 6,000+ customers worldwide. Listed on the Taiwan Stock Exchange. One of the largest steel trading companies on the planet.
Their product range spans stainless steel grades 201, 304, 316, 410, 420, and 430 — in coils, sheets, plates, bars, pipes, and specialty profiles. Manufacturing partnerships across South Korea, China, Japan, and Taiwan.
CFF Stainless Steels Inc is an ISO 9001:2015 certified stainless steel distributor and value-added processor, operating across North America since 1992.
Key sectors served: water treatment, food processing, pharmaceutical, chemical, petrochemical, and pulp & paper. CFF processes and distributes stainless steel products from its facilities in both Canada and the United States.
SSINA Member Company — CFF Stainless Steels is part of the Specialty Steel Industry of North America, the premier trade association for specialty steel. Contact: T: 905-549-2603 | 800-263-4511 | cffstainless.com
Yieh Corp. Ltd is a global steel trading powerhouse. Founded in 1997, headquartered in Kaohsiung, Taiwan. Listed on the Taiwan Stock Exchange.
Scale: Over 6,000 customers across multiple continents. Products include stainless steel, carbon steel, coated steel, galvanized steel, and aluminum.


The United States imported 26.2 million metric tons of steel in 2024 (U.S. Census Bureau / ITA). But in 2025, imports dropped 12.6% to 25.2 million net tons (AISI data) — driven by Section 232 tariffs and shifting trade dynamics.
Within this landscape, the stainless steel bar segment is a strategic category. US imports of non-circular stainless steel bars alone reached:
USD 89.81 million (16,590 metric tons) in 2024 — non-circular SS bar imports (GTAIC data).
The broader North American stainless steel round bar market was valued at USD 1.01 billion in 2023, growing at an 8.2% CAGR through 2030 (Grand View Research). Globally, the SS round bar market hit USD 3.4 billion in 2024, projected to reach USD 5.63 billion by 2032 at 6.5% CAGR (Maximize Market Research).
The US is the single largest destination for HS 722219 products, accounting for 17.9% of global import value. The USITC actively monitors this category with antidumping and countervailing duty investigations.
See also: Norwegian Iron & Steel Companies Directory (67 companies) for European steel market context.
| Market Indicator | Value | Source |
|---|---|---|
| US SS Non-Circular Bar Imports 2024 | USD 89.81M (16,590 MT) | GTAIC 2025 Report |
| North America SS Round Bar Market 2023 | USD 1.01 Billion | Grand View Research |
| NA SS Round Bar CAGR (2024-2030) | 8.2% | Grand View Research |
| Global SS Round Bar Market 2024 | USD 3.4 Billion | Maximize Market Research |
| Global SS Round Bar CAGR (2025-2032) | 6.5% to USD 5.63B by 2032 | Maximize Market Research |
| Global HS 722219 Trade 2024 | USD 475 Million | OEC World |
| Total US Steel Imports 2024 | 26.2 Million Metric Tons | US Census Bureau / ITA |
| Total US Steel Imports 2025 | 25.2M NT (down 12.6%) | AISI Feb 2026 |
| US Stainless Steel Market 2025 | 13.37 Million Tons | Mordor Intelligence |
A 25% tariff on imported steel under Section 232, imposed March 2018. Applies directly to stainless steel bars under HS 7222, including HS 722219.
Certain countries have tariff-rate quotas or bilateral exemptions. But for most origins — including South Korea — the 25% duty applies with specific quota provisions under KORUS FTA.
Impact: Duty implications significantly affect landed costs and sourcing decisions for importers like CFF Stainless Steels.
USITC has conducted multiple investigations on SS bar imports. In February 2024, findings on imports from India were published (Publication 5496).
Additional duties can range from 5% to over 300% depending on country and product. This makes trade routing strategies critical.
The South Korea-origin, Russia-supply-route in this shipment reflects exactly this kind of strategic chain optimization.
World’s 5th-largest steel producer. Home to POSCO (Hyundai Steel Group), Hyundai Steel, and SeAH Steel.
Korean manufacturers meet the most demanding international quality standards. KORUS FTA provides trade benefits, though Section 232 steel tariffs still apply with quota provisions.
Korean-origin stainless steel commands a quality premium in global markets.
Covers bars and rods of stainless steel: hot-rolled, hot-drawn, or hot-extruded, not further worked. Includes flat bars, angles, shapes, and profiles.
The US accounts for 17.9% of global import value under this HS code — the single largest destination market (Abrams Wiki).
Chapter 72 (Iron and Steel) sub-category. Products under 722219 are subject to the 25% Section 232 tariff unless specific exemptions apply.
Data Sources & Verification: Bill of lading data from trade records. Company profiles: SSINA (ssina.com), CFF Stainless Steels (cffstainless.com), ZoomInfo, Bloomberg, LinkedIn. Market data: GTAIC, Grand View Research, Maximize Market Research, OEC World, USITC (Pub. 5496), U.S. Census Bureau, AISI, Mordor Intelligence, Trade.gov ITA. HS code analysis: Abrams Wiki, OEC World.
CFF Stainless Steels Inc is an ISO 9001:2015 certified distributor and value-added processor of stainless steel products. Founded in 1992, headquartered in Hamilton, Ontario, Canada. Serves water treatment, food processing, pharmaceutical, chemical, and petrochemical sectors. Annual revenue: ~USD 6.8 million, 51–200 employees. Member of the Specialty Steel Industry of North America (SSINA).
Yieh Corp. Ltd is a major international steel trading company established in 1997, headquartered in Kaohsiung, Taiwan. Listed on the Taiwan Stock Exchange. Supplies stainless steel, carbon steel, coated steel, and aluminum to 6,000+ customers worldwide. Sources from manufacturing partnerships across South Korea, China, Japan, and Taiwan. Offers grades 201, 304, 316, 410, 420, and 430.
HS 722219 covers bars and rods of stainless steel that are hot-rolled, hot-drawn, or hot-extruded but not further worked. Includes flat bars, angles, shapes, and profiles. The US accounts for 17.9% of global import value under this code. Subject to the 25% Section 232 steel tariff when imported into the United States.
This routing reflects Yieh Corp.’s global supply chain optimization. International steel traders route goods through intermediary hubs to manage inventory, consolidate shipments, or leverage favorable trade terms. Such patterns are common in global metals trade, where suppliers use multinational networks to serve buyers efficiently.
US imported USD 89.81 million (16,590 MT) of SS non-circular bars in 2024 (GTAIC). North American SS round bar market: USD 1.01 billion in 2023, 8.2% CAGR (Grand View Research). Total US steel imports: 26.2M MT in 2024, down 12.6% in 2025 to 25.2M NT (AISI). The US is the largest single destination for HS 722219 products at 17.9% of global import value.
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