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Hot Briquetted Iron (HBI) Market by Player, Region, Type, Application and Forecast to 2024-2030

Writer's picture: krish mundekrish munde
Aug 29, 20243 min read

The global Hot Briquetted Iron (HBI) Market was valued at US$ 5.7 billion in 2023 and is projected to reach US$ 7.4 billion by 2030, exhibiting a Compound Annual Growth Rate (CAGR) of 4.0% during the forecast period (2023-2030).


This report studies the Hot Briquetted Iron (HBI) market, covering market size for segment by type (Fe Content 90-92%, Fe Content >92%, etc.), by application (Electric Arc Furnaces, Blast Furnaces, etc.), by sales channel (Direct Channel, Distribution Channel), by player (Metalloinvest, Orinoco Iron, Voestalpine, Jindal Shadeed, Qatar Steel, etc.) and by region (North America, Europe, Asia-Pacific, South America and Middle East & Africa).



This report provides detailed historical analysis of global market for Hot Briquetted Iron (HBI) from 2017-2022, and provides extensive market forecasts from 2023-2031 by region/country and subsectors. It covers the sales/revenue/value, gross margin, historical growth and future perspectives in the Hot Briquetted Iron (HBI) market.


The research methodology used to estimate and forecast this market begins by capturing the revenues of the key players and their shares in the market. Various secondary sources such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, have been used to identify and collect information useful for this extensive commercial study of the market. Calculations based on this led to the overall market size. After arriving at the overall market size, the total market has been split into several segments and subsegments, which have then been verified through primary research by conducting extensive interviews with industry experts such as CEOs, VPs, directors, and executives. The data triangulation and market breakdown procedures have been employed to complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments.


Leading players of Hot Briquetted Iron (HBI) including:


  • Metalloinvest

  • Orinoco Iron

  • Voestalpine

  • Jindal Shadeed

  • Qatar Steel

  • Essar Steel

  • Lisco

  • Comsigua

  • Lion Group

  • JSW Steel

Market split by Type, can be divided into:


  • Fe Content 90-92%

  • Fe Content >92%

Market split by Application, can be divided into:


  • Electric Arc Furnaces

  • Blast Furnaces

  • Basic Oxygen Furnaces

Market split by Sales Channel, can be divided into:


  • Direct Channel

  • Distribution Channel

Market segment by Region/Country including:


  • North America (United States, Canada and Mexico)

  • Europe (Germany, UK, France, Italy, Russia and Spain etc.)

  • Asia-Pacific (China, Japan, Korea, India, Australia and Southeast Asia etc.)

  • South America (Brazil, Argentina and Colombia etc.)

  • Middle East & Africa (South Africa, UAE and Saudi Arabia etc.)

If you have any special requirements, please let us know and we can provide you the customized report as you want.



Table of content

Table of ContentsChapter 1 Hot Briquetted Iron (HBI) Market Overview1.1 Hot Briquetted Iron (HBI) Definition1.2 Global Hot Briquetted Iron (HBI) Market Size Status and Outlook (2017-2031)1.3 Global Hot Briquetted Iron (HBI) Market Size Comparison by Region (2017-2031)1.4 Global Hot Briquetted Iron (HBI) Market Size Comparison by Type (2017-2031)1.5 Global Hot Briquetted Iron (HBI) Market Size Comparison by Application (2017-2031)1.6 Global Hot Briquetted Iron (HBI) Market Size Comparison by Sales Channel (2017-2031)1.7 Hot Briquetted Iron (HBI) Market Dynamics1.7.1 Market Drivers/Opportunities1.7.2 Market Challenges/Risks1.7.3 Market News (Mergers/Acquisitions/Expansion)1.7.4 COVID-19 Impacts1.7.5 Russia-Ukraine War ImpactsChapter 2 Hot Briquetted Iron (HBI) Market Segment Analysis by Player2.1 Global Hot Briquetted Iron (HBI) Sales and Market Share by Player (2020-2022)2.2 Global Hot Briquetted Iron (HBI) Revenue and Market Share by Player (2020-2022)2.3 Global Hot Briquetted Iron (HBI) Average Price by Player (2020-2022)2.4 Players Competition Situation & Trends2.5 Conclusion of Segment by PlayerChapter 3 Hot Briquetted Iron (HBI) Market Segment Analysis by Type3.1 Global Hot Briquetted Iron (HBI) Market by Type3.1.1 Fe Content 90-92%3.1.2 Fe Content >92%3.2 Global Hot Briquetted Iron (HBI) Sales and Market Share b

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