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Hot Briquetted Iron Market Share Led by Voestalpine & Cleveland-Cliffs 2025 | #hot Briquetted Iron

Hot Briquetted Iron Market Share Led by Voestalpine & Cleveland-Cliffs 2025

Hot Briquetted Iron Market Share Led by Voestalpine & Cleveland-Cliffs 2025

The Hot Briquetted Iron (HBI) Market, valued at US$ 4,567.23 Million in 2024, is projected to grow at a CAGR of 5.7% from 2025 to 2032. HBI, a compact form of direct-reduced iron, is increasingly favored in steelmaking due to its stability, safer transport, and compatibility with electric