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Global Hot Briquetted Iron (HBI) Market Research Report 2025(Status and Outlook)

Publisher Bosson Research
Published Oct 30, 2025
Length 147 Pages
SKU # BOSS20729852

Description

Report Overview

Hot Briquetted Iron (HBI) is a compacted form of Direct Reduced Iron (DRI) that has been processed at high temperatures (typically above 650°C) to form dense, pillow-shaped briquettes. This process improves the material’s density and stability, reducing its reactivity and making it safer and easier to handle, store, and transport compared to DRI pellets. HBI is primarily used as a clean and high-quality metallic charge in steelmaking, serving as a substitute for scrap and pig iron in electric arc furnaces (EAFs) and basic oxygen furnaces (BOFs). Its uniform chemical composition, low residual content, and consistent metallization rate make it ideal for producing high-grade steel with controlled chemistry.

The global Hot Briquetted Iron (HBI) market size was estimated at USD XX million in 2024 and is projected to grow at a compound annual growth rate (CAGR) of XX% during the forecast period.

This report offers a comprehensive and in-depth analysis of the global Hot Briquetted Iron (HBI) market, covering all critical facets from a broad macroeconomic overview to detailed micro-level insights. It examines market size, competitive landscape, emerging development trends, niche segments, key drivers and challenges, as well as conducts SWOT and value chain analyses.

The insights provided enable readers to understand the competitive dynamics within the industry and formulate effective strategies to enhance profitability and market positioning. Additionally, the report presents a clear framework for evaluating the current status and future outlook of business organizations operating in this sector.

A significant focus of this report lies in the competitive landscape of the global Hot Briquetted Iron (HBI) market. It offers detailed profiles of major players, including their market shares, performance metrics, product portfolios, and operational status. This enables stakeholders to identify leading competitors and gain a nuanced understanding of market rivalry and structure.

In summary, this report serves as an essential resource for industry participants, investors, researchers, consultants, and business strategists, as well as anyone planning to enter or expand their presence in the Hot Briquetted Iron (HBI) market.

Global Hot Briquetted Iron (HBI) Market: Market Segmentation Analysis

This research report provides a detailed segmentation of the market by region (country), key manufacturers, product type, and application. Market segmentation divides the overall market into distinct subsets based on factors such as product categories, end-user industries, geographic locations, and other relevant criteria.

A clear understanding of these market segments enables decision-makers to tailor their product development, sales, and marketing strategies more effectively to meet the unique needs of each segment. Leveraging market segmentation insights can significantly enhance targeted approaches, optimize resource allocation, and accelerate product innovation cycles by aligning offerings with the specific demands of diverse customer groups.

Key Company

Metalloinvest

Orinoco Iron

Voestalpine

Jindal Shadeed

Qatar Steel

Essar Steel

Lisco

Comsigua

Lion Group

JSW Steel

Stena Metal Inc.

Emirates Steel Arkan

Midrex Technologies, Inc.

Market Segmentation (by Type)

Fe Content 90-92%

Fe Content >92%

Market Segmentation (by Application)

Electric Arc Furnaces

Blast Furnaces

Basic Oxygen Furnaces

Others

Geographic Segmentation

North America (USA, Canada, Mexico)

Europe (Germany, UK, France, Russia, Italy, Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)

South America (Brazil, Argentina, Columbia, Rest of South America)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)

Key Benefits of This Market Research:

Industry drivers, restraints, and opportunities covered in the study

Neutral perspective on the market performance

Recent industry trends and developments

Competitive landscape & strategies of key players

Potential & niche segments and regions exhibiting promising growth covered

Historical, current, and projected market size, in terms of value

In-depth analysis of the Hot Briquetted Iron (HBI) Market

Overview of the regional outlook of the Hot Briquetted Iron (HBI) Market:

Chapter Outline

Chapter 1 mainly introduces the statistical scope of the report, market division standards, and market research methods.

Chapter 2 is an executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the Hot Briquetted Iron (HBI) Market and its likely evolution in the short to mid-term, and long term.

Chapter 3 makes a detailed analysis of the market's competitive landscape of the market and provides the market share, capacity, output, price, latest development plan, merger, and acquisition information of the main manufacturers in the market.

Chapter 4 is the analysis of the whole market industrial chain, including the upstream and downstream of the industry, as well as Porter's five forces analysis.

Chapter 5 introduces the latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 6 provides the analysis of various market segments according to product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 7 provides the analysis of various market segments according to application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 8 provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.

Chapter 9 shares the main producing countries of Hot Briquetted Iron (HBI), their output value, profit level, regional supply, production capacity layout, etc. from the supply side.

Chapter 10 introduces the basic situation of the main companies in the market in detail, including product sales revenue, sales volume, price, gross profit margin, market share, product introduction, recent development, etc.

Chapter 11 provides a quantitative analysis of the market size and development potential of each region in the next five years.

Chapter 12 provides a quantitative analysis of the market size and development potential of each market segment in the next five years.

Chapter 13 is the main points and conclusions of the report.

Key Reasons to Buy this Report:

Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change

This enables you to anticipate market changes to remain ahead of your competitors

You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations, or other strategic documents

The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly

Provision of market value data for each segment and sub-segment

Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market

Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region

Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled

Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players

The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions

Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis

Provides insight into the market through Value Chain

Market dynamics scenario, along with growth opportunities of the market in the years to come

Table of Contents

147 Pages
1 Research Methodology and Statistical Scope
1.1 Market Definition and Statistical Scope of Hot Briquetted Iron (HBI)
1.2 Key Market Segments
1.2.1 Hot Briquetted Iron (HBI) Segment by Type
1.2.2 Hot Briquetted Iron (HBI) Segment by Application
1.3 Methodology & Sources of Information
1.3.1 Research Methodology
1.3.2 Research Process
1.3.3 Market Breakdown and Data Triangulation
1.3.4 Base Year
1.3.5 Report Assumptions & Caveats
2 Hot Briquetted Iron (HBI) Market Overview
2.1 Global Market Overview
2.1.1 Global Hot Briquetted Iron (HBI) Market Size (M USD) Estimates and Forecasts (2020-2033)
2.1.2 Global Hot Briquetted Iron (HBI) Sales Estimates and Forecasts (2020-2033)
2.2 Market Segment Executive Summary
2.3 Global Market Size by Region
3 Hot Briquetted Iron (HBI) Market Competitive Landscape
3.1 Company Assessment Quadrant
3.2 Global Hot Briquetted Iron (HBI) Product Life Cycle
3.3 Global Hot Briquetted Iron (HBI) Sales by Manufacturers (2020-2025)
3.4 Global Hot Briquetted Iron (HBI) Revenue Market Share by Manufacturers (2020-2025)
3.5 Hot Briquetted Iron (HBI) Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.6 Global Hot Briquetted Iron (HBI) Average Price by Manufacturers (2020-2025)
3.7 Manufacturers’ Manufacturing Sites, Areas Served, and Product Types
3.8 Hot Briquetted Iron (HBI) Market Competitive Situation and Trends
3.8.1 Hot Briquetted Iron (HBI) Market Concentration Rate
3.8.2 Global 5 and 10 Largest Hot Briquetted Iron (HBI) Players Market Share by Revenue
3.8.3 Mergers & Acquisitions, Expansion
4 Hot Briquetted Iron (HBI) Industry Chain Analysis
4.1 Hot Briquetted Iron (HBI) Industry Chain Analysis
4.2 Market Overview of Key Raw Materials
4.3 Midstream Market Analysis
4.4 Downstream Customer Analysis
5 The Development and Dynamics of Hot Briquetted Iron (HBI) Market
5.1 Key Development Trends
5.2 Driving Factors
5.3 Market Challenges
5.4 Industry News
5.4.1 New Product Developments
5.4.2 Mergers & Acquisitions
5.4.3 Expansions
5.4.4 Collaboration/Supply Contracts
5.5 PEST Analysis
5.5.1 Industry Policies Analysis
5.5.2 Economic Environment Analysis
5.5.3 Social Environment Analysis
5.5.4 Technological Environment Analysis
5.6 Global Hot Briquetted Iron (HBI) Market Porter's Five Forces Analysis
5.6.1 Global Trade Frictions
5.6.2 U.S. Tariff Policy – April 2025
5.6.3 Global Trade Frictions and Their Impacts to Hot Briquetted Iron (HBI) Market
5.7 ESG Ratings of Leading Companies
6 Hot Briquetted Iron (HBI) Market Segmentation by Type
6.1 Evaluation Matrix of Segment Market Development Potential (Type)
6.2 Global Hot Briquetted Iron (HBI) Sales Market Share by Type (2020-2025)
6.3 Global Hot Briquetted Iron (HBI) Market Size Market Share by Type (2020-2025)
6.4 Global Hot Briquetted Iron (HBI) Price by Type (2020-2025)
7 Hot Briquetted Iron (HBI) Market Segmentation by Application
7.1 Evaluation Matrix of Segment Market Development Potential (Application)
7.2 Global Hot Briquetted Iron (HBI) Market Sales by Application (2020-2025)
7.3 Global Hot Briquetted Iron (HBI) Market Size (M USD) by Application (2020-2025)
7.4 Global Hot Briquetted Iron (HBI) Sales Growth Rate by Application (2020-2025)
8 Hot Briquetted Iron (HBI) Market Sales by Region
8.1 Global Hot Briquetted Iron (HBI) Sales by Region
8.1.1 Global Hot Briquetted Iron (HBI) Sales by Region
8.1.2 Global Hot Briquetted Iron (HBI) Sales Market Share by Region
8.2 Global Hot Briquetted Iron (HBI) Market Size by Region
8.2.1 Global Hot Briquetted Iron (HBI) Market Size by Region
8.2.2 Global Hot Briquetted Iron (HBI) Market Size Market Share by Region
8.3 North America
8.3.1 North America Hot Briquetted Iron (HBI) Sales by Country
8.3.2 North America Hot Briquetted Iron (HBI) Market Size by Country
8.3.3 U.S. Market Overview
8.3.4 Canada Market Overview
8.3.5 Mexico Market Overview
8.4 Europe
8.4.1 Europe Hot Briquetted Iron (HBI) Sales by Country
8.4.2 Europe Hot Briquetted Iron (HBI) Market Size by Country
8.4.3 Germany Market Overview
8.4.4 France Market Overview
8.4.5 U.K. Market Overview
8.4.6 Italy Market Overview
8.4.7 Spain Market Overview
8.5 Asia Pacific
8.5.1 Asia Pacific Hot Briquetted Iron (HBI) Sales by Region
8.5.2 Asia Pacific Hot Briquetted Iron (HBI) Market Size by Region
8.5.3 China Market Overview
8.5.4 Japan Market Overview
8.5.5 South Korea Market Overview
8.5.6 India Market Overview
8.5.7 Southeast Asia Market Overview
8.6 South America
8.6.1 South America Hot Briquetted Iron (HBI) Sales by Country
8.6.2 South America Hot Briquetted Iron (HBI) Market Size by Country
8.6.3 Brazil Market Overview
8.6.4 Argentina Market Overview
8.6.5 Columbia Market Overview
8.7 Middle East and Africa
8.7.1 Middle East and Africa Hot Briquetted Iron (HBI) Sales by Region
8.7.2 Middle East and Africa Hot Briquetted Iron (HBI) Market Size by Region
8.7.3 Saudi Arabia Market Overview
8.7.4 UAE Market Overview
8.7.5 Egypt Market Overview
8.7.6 Nigeria Market Overview
8.7.7 South Africa Market Overview
9 Hot Briquetted Iron (HBI) Market Production by Region
9.1 Global Production of Hot Briquetted Iron (HBI) by Region(2020-2025)
9.2 Global Hot Briquetted Iron (HBI) Revenue Market Share by Region (2020-2025)
9.3 Global Hot Briquetted Iron (HBI) Production, Revenue, Price and Gross Margin (2020-2025)
9.4 North America Hot Briquetted Iron (HBI) Production
9.4.1 North America Hot Briquetted Iron (HBI) Production Growth Rate (2020-2025)
9.4.2 North America Hot Briquetted Iron (HBI) Production, Revenue, Price and Gross Margin (2020-2025)
9.5 Europe Hot Briquetted Iron (HBI) Production
9.5.1 Europe Hot Briquetted Iron (HBI) Production Growth Rate (2020-2025)
9.5.2 Europe Hot Briquetted Iron (HBI) Production, Revenue, Price and Gross Margin (2020-2025)
9.6 Japan Hot Briquetted Iron (HBI) Production (2020-2025)
9.6.1 Japan Hot Briquetted Iron (HBI) Production Growth Rate (2020-2025)
9.6.2 Japan Hot Briquetted Iron (HBI) Production, Revenue, Price and Gross Margin (2020-2025)
9.7 China Hot Briquetted Iron (HBI) Production (2020-2025)
9.7.1 China Hot Briquetted Iron (HBI) Production Growth Rate (2020-2025)
9.7.2 China Hot Briquetted Iron (HBI) Production, Revenue, Price and Gross Margin (2020-2025)
10 Key Companies Profile
10.1 Metalloinvest
10.1.1 Metalloinvest Basic Information
10.1.2 Metalloinvest Hot Briquetted Iron (HBI) Product Overview
10.1.3 Metalloinvest Hot Briquetted Iron (HBI) Product Market Performance
10.1.4 Metalloinvest Business Overview
10.1.5 Metalloinvest SWOT Analysis
10.1.6 Metalloinvest Recent Developments
10.2 Orinoco Iron
10.2.1 Orinoco Iron Basic Information
10.2.2 Orinoco Iron Hot Briquetted Iron (HBI) Product Overview
10.2.3 Orinoco Iron Hot Briquetted Iron (HBI) Product Market Performance
10.2.4 Orinoco Iron Business Overview
10.2.5 Orinoco Iron SWOT Analysis
10.2.6 Orinoco Iron Recent Developments
10.3 Voestalpine
10.3.1 Voestalpine Basic Information
10.3.2 Voestalpine Hot Briquetted Iron (HBI) Product Overview
10.3.3 Voestalpine Hot Briquetted Iron (HBI) Product Market Performance
10.3.4 Voestalpine Business Overview
10.3.5 Voestalpine SWOT Analysis
10.3.6 Voestalpine Recent Developments
10.4 Jindal Shadeed
10.4.1 Jindal Shadeed Basic Information
10.4.2 Jindal Shadeed Hot Briquetted Iron (HBI) Product Overview
10.4.3 Jindal Shadeed Hot Briquetted Iron (HBI) Product Market Performance
10.4.4 Jindal Shadeed Business Overview
10.4.5 Jindal Shadeed Recent Developments
10.5 Qatar Steel
10.5.1 Qatar Steel Basic Information
10.5.2 Qatar Steel Hot Briquetted Iron (HBI) Product Overview
10.5.3 Qatar Steel Hot Briquetted Iron (HBI) Product Market Performance
10.5.4 Qatar Steel Business Overview
10.5.5 Qatar Steel Recent Developments
10.6 Essar Steel
10.6.1 Essar Steel Basic Information
10.6.2 Essar Steel Hot Briquetted Iron (HBI) Product Overview
10.6.3 Essar Steel Hot Briquetted Iron (HBI) Product Market Performance
10.6.4 Essar Steel Business Overview
10.6.5 Essar Steel Recent Developments
10.7 Lisco
10.7.1 Lisco Basic Information
10.7.2 Lisco Hot Briquetted Iron (HBI) Product Overview
10.7.3 Lisco Hot Briquetted Iron (HBI) Product Market Performance
10.7.4 Lisco Business Overview
10.7.5 Lisco Recent Developments
10.8 Comsigua
10.8.1 Comsigua Basic Information
10.8.2 Comsigua Hot Briquetted Iron (HBI) Product Overview
10.8.3 Comsigua Hot Briquetted Iron (HBI) Product Market Performance
10.8.4 Comsigua Business Overview
10.8.5 Comsigua Recent Developments
10.9 Lion Group
10.9.1 Lion Group Basic Information
10.9.2 Lion Group Hot Briquetted Iron (HBI) Product Overview
10.9.3 Lion Group Hot Briquetted Iron (HBI) Product Market Performance
10.9.4 Lion Group Business Overview
10.9.5 Lion Group Recent Developments
10.10 JSW Steel
10.10.1 JSW Steel Basic Information
10.10.2 JSW Steel Hot Briquetted Iron (HBI) Product Overview
10.10.3 JSW Steel Hot Briquetted Iron (HBI) Product Market Performance
10.10.4 JSW Steel Business Overview
10.10.5 JSW Steel Recent Developments
10.11 Stena Metal Inc.
10.11.1 Stena Metal Inc. Basic Information
10.11.2 Stena Metal Inc. Hot Briquetted Iron (HBI) Product Overview
10.11.3 Stena Metal Inc. Hot Briquetted Iron (HBI) Product Market Performance
10.11.4 Stena Metal Inc. Business Overview
10.11.5 Stena Metal Inc. Recent Developments
10.12 Emirates Steel Arkan
10.12.1 Emirates Steel Arkan Basic Information
10.12.2 Emirates Steel Arkan Hot Briquetted Iron (HBI) Product Overview
10.12.3 Emirates Steel Arkan Hot Briquetted Iron (HBI) Product Market Performance
10.12.4 Emirates Steel Arkan Business Overview
10.12.5 Emirates Steel Arkan Recent Developments
10.13 Midrex Technologies, Inc.
10.13.1 Midrex Technologies, Inc. Basic Information
10.13.2 Midrex Technologies, Inc. Hot Briquetted Iron (HBI) Product Overview
10.13.3 Midrex Technologies, Inc. Hot Briquetted Iron (HBI) Product Market Performance
10.13.4 Midrex Technologies, Inc. Business Overview
10.13.5 Midrex Technologies, Inc. Recent Developments
11 Hot Briquetted Iron (HBI) Market Forecast by Region
11.1 Global Hot Briquetted Iron (HBI) Market Size Forecast
11.2 Global Hot Briquetted Iron (HBI) Market Forecast by Region
11.2.1 North America Market Size Forecast by Country
11.2.2 Europe Hot Briquetted Iron (HBI) Market Size Forecast by Country
11.2.3 Asia Pacific Hot Briquetted Iron (HBI) Market Size Forecast by Region
11.2.4 South America Hot Briquetted Iron (HBI) Market Size Forecast by Country
11.2.5 Middle East and Africa Forecasted Sales of Hot Briquetted Iron (HBI) by Country
12 Forecast Market by Type and by Application (2026-2033)
12.1 Global Hot Briquetted Iron (HBI) Market Forecast by Type (2026-2033)
12.1.1 Global Forecasted Sales of Hot Briquetted Iron (HBI) by Type (2026-2033)
12.1.2 Global Hot Briquetted Iron (HBI) Market Size Forecast by Type (2026-2033)
12.1.3 Global Forecasted Price of Hot Briquetted Iron (HBI) by Type (2026-2033)
12.2 Global Hot Briquetted Iron (HBI) Market Forecast by Application (2026-2033)
12.2.1 Global Hot Briquetted Iron (HBI) Sales (K MT) Forecast by Application
12.2.2 Global Hot Briquetted Iron (HBI) Market Size (M USD) Forecast by Application (2026-2033)
13 Conclusion and Key Findings
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