Market Overview The Hot Briquetted Iron (HBI) Market is growing steadily as global steel producers pursue cleaner, more efficient raw materials for electric arc furnaces (EAFs) and direct-reduced iron (DRI)–based steelmaking. HBI is produced by compacting direct-reduced iron into dense briquettes, making it safer and more stable for storage, handling, and long-distance shipping. With...

Market Overview The Hot Briquetted Iron (HBI) Market is growing steadily as global steel producers pursue cleaner, more efficient raw materials for electric arc furnaces (EAFs) and direct-reduced iron (DRI)–based steelmaking. HBI is produced by compacting direct-reduced iron into dense briquettes, making it safer and more stable for storage, handling, and long-distance shipping. With...