In American Colonial history, the Iron Act, short-titled the Importation, etc. Act 1750, (Statute 23 Geo. II c. 29) was one of the legislative measures introduced by the British Parliament, within its system of Trade and Navigation Acts. The Act sought to increase the importation of pig and bar iron from its American colonies and to prevent the building of iron-related production facilities within these colonies, particularly in North America where these raw materials were identified. The dual purpose of the act was to increase manufacturing capacity within Great Britain itself, and to limit potential competition from the colonies possessing the raw materials.
The Act contained several provisions, applying from 24 June 1750:
The limitation of imported bar iron to London and the dockyards was partly repealed in 1757 by 30 Geo. II c.16, duty-free imports to any part of Great Britain being permitted. A clause requiring bar iron to be marked was similarly repealed as unnecessary. A part of the act was also repealed by the American dominions (Trade with) Act 1765, (5 Geo. III c.45). The whole Act was repealed by the Statute Law Revision Act 1867, due to the replacement of colonial rule with the Dominion of Canada.
Pig iron had been exported from Virginia and Maryland since the 1720s, but little came from other colonies, nor did bar iron. The continuance of this was encouraged, as was the production and export of bar iron (which required a finery forge using a helve hammer not a trip hammer).
Conversely, the Act was designed to restrict the colonial manufacture of finished iron products and steel. Existing works could continue in operation, but no expansion would be possible in the output of: