HBI and DRI Trade, Production, Prices and Export Destinations
Introduction
Steel producers around the world rely on high-quality iron sources such as HBI (Hot Briquetted Iron) and DRI (Direct Reduced Iron). These raw materials deliver high iron content, stable composition, and low impurity levels—making them ideal for efficient steelmaking. Their increasing demand reflects the global shift towards cleaner and more energy-efficient processes.
At ATABAŞ GRUP, we manage the export of HBI and DRI with precision. We only work on FOB Mersin terms and accept cash payments. Our team does not use any financial instruments like LC, DLC, or SBLC under any circumstances.
Key Product Comparison
Each product has unique properties and handling requirements. The following comparison helps buyers make informed decisions.
Table 1: Characteristics of HBI and DRI
| Feature | HBI (Hot Briquetted Iron) | DRI (Direct Reduced Iron) |
|---|---|---|
| Form | Dense briquettes | Porous pellets |
| Iron Content (%) | 90 – 94% | 88 – 92% |
| Carbon Content (%) | Less than 0.8% | Less than 1.5% |
| Density (g/cm³) | ~5.0 | ~3.5 |
| Handling | Safe and oxidation-resistant | Reactive, needs protection |
| Transit Suitability | Ideal for long-distance export | Suited for nearby markets |
| Moisture Sensitivity | Very low | High |
| Price Range (April 2025) | $315 – $360 per MT | $280 – $330 per MT |
Where We Export
ATABAŞ GRUP ships HBI and DRI to selected countries. We carefully manage loading, documentation, and compliance processes. Below is a list of our typical destinations and export volumes.
Table 2: Export Destinations and Monthly Averages
| Country | Product Type | Monthly Volume (MT) | Notes |
|---|---|---|---|
| Turkey | HBI & DRI | 5,000 – 10,000 | Delivered to local mini mills and foundries |
| Italy | HBI | 3,000 – 5,000 | Long-term contracts for EAF plants |
| Egypt | DRI | 2,000 – 4,000 | Transshipped via Port Said |
| UAE | HBI | 1,000 – 2,000 | Fast-track delivery with short-sea routes |
| India | DRI | 1,500 – 2,500 | Used for sponge iron processing facilities |
These values may shift slightly depending on market demand and vessel availability. However, our shipping discipline ensures timely and predictable delivery.
Payment Policy and Trading Terms
We operate with absolute clarity when it comes to payments. Since HBI and DRI are sensitive and valuable products, we follow a no-compromise policy:
- We only sell on FOB terms at Mersin Port.
- We do not offer CIF or DAP pricing.
- We reject all credit-based instruments, including LC, DLC, or SBLC.
- We accept cash payments only, and our sales are finalized under FOB CAD (Cash Against Documents) conditions.
This disciplined approach reduces risk and accelerates the process for both parties.
Our Delivery Procedure
We designed a straightforward and transparent workflow to ensure product quality and payment security:
- Warehouse Control: Buyers or their appointed agents inspect and test the product at the bonded warehouse.
- Vessel Nomination: Buyers must provide vessel details. If they don’t have a ship, we can help arrange one.
- Lab Analysis Completion: After moisture and chemical tests are done, we issue a commercial invoice.
- First Payment (50%): Buyers transfer the first half of the payment to initiate loading.
- Cargo Loading: Our team loads the product and prepares export documents.
- Final Payment (50%): Once documents are ready, buyers complete the payment.
- FOB CAD Execution: We hand over the full set of documents, and the transaction concludes.
This process allows full control over the transaction and ensures zero delay due to financial complications.
Documents We Provide
Every shipment includes:
- Commercial Invoice
- Certificate of Origin
- Packing List
- SGS or Equivalent Inspection Report
- Final Chemical Analysis
- Warehouse and Port Release Notes
We ensure that each document meets international trade and customs requirements.
Why Choose HBI and DRI?
Both HBI and DRI offer significant advantages over traditional scrap or iron ore. For instance, they provide consistent chemistry, reduce emissions, and allow precise melt control in EAFs. While DRI is more reactive and used in domestic regions, HBI’s compact form suits international transport and storage.
HBI and DRI are not just commodities; they are strategic resources that demand professionalism in every stage—from handling to export compliance.
Conclusion
ATABAŞ GRUP delivers HBI and DRI with the highest level of technical, logistical, and financial discipline. We only work with reliable buyers who understand the strategic value of these materials. Our cash-based, FOB-only model guarantees safe, secure, and transparent trading.
If you are looking for pre-tested, export-ready HBI or DRI—delivered directly from bonded storage with full documentation and clear payment rules—get in touch with our team.
We are not just suppliers. We are partners in steelmaking success.