세계의 열간연탄철(HBI) 시장 : 생산 공정별, 형태별, 원료 유형별, 최종사용자별, 국가별, 지역별 - 산업 분석, 시장 규모, 점유율 및 예측(2025-2032년)

The Hot Briquetted Iron Market size was valued at US$ 4,567.23 Million in 2024, expanding at a CAGR of 5.7% from 2025 to 2032.

The hot briquetted iron (HBI) market focuses on the production and use of compacted direct-reduced iron, which is safer to handle and ideal for steelmaking. Rising demand for high-quality steel and growing electric arc furnace (EAF) adoption are supporting HBI consumption, with the World Steel Association reporting that over 28% of global crude steel was produced via EAFs in 2024. Major players like voestalpine and Cleveland-Cliffs are investing in capacity expansions to meet decarbonization goals and improve raw material quality. However, high production energy costs and limited availability of natural gas in some regions can hinder growth. Opportunities lie in increasing the use of HBI as a low-carbon feedstock and growing interest from emerging economies transitioning to greener steelmaking processes.

Hot Briquetted Iron Market- Market Dynamics

Rising EAF Steel Production and Decarbonization Goals Boost Demand for Hot Briquetted Iron (HBI)

Rising adoption of electric arc furnaces (EAF) and the push for low-carbon steelmaking are accelerating demand for hot briquetted iron (HBI). According to the World Steel Association, EAF technology accounted for 29.1% of global crude steel production in 2024, reflecting its growing role in sustainable manufacturing. Companies like voestalpine are expanding HBI production facilities, while Cleveland-Cliffs is integrating HBI into its decarbonization strategy to reduce blast furnace emissions. Government initiatives promoting green steel, such as the EU's Carbon Border Adjustment Mechanism (CBAM), are encouraging steelmakers to adopt cleaner feedstocks. These efforts collectively position HBI as a key enabler for reducing carbon intensity in global steel production.

Hot Briquetted Iron Market- Segmentation Analysis:

The Global Hot Briquetted Iron Market is segmented on the basis of Production Process, Form, Feedstock Type, End-User, and Region.

The market is divided into three categories based on Production Process: Gas-Based DRI with Briquetting, Coal-Based Process, and Shaft Furnace Process. Gas-based DRI with briquetting holds the highest share due to efficiency and cleaner emissions, followed by the coal-based process, which remains significant in regions with abundant coking coal. The shaft furnace process ranks lower but supports niche and flexible production requirements.

The market is divided into four categories based on Form: Briquettes, Granules, Pellets, and Lumps. Briquettes dominate the HBI market due to ease of handling and uniform size for EAF steelmaking, followed by pellets, which support consistent iron content. Granules and lumps hold smaller shares, primarily used in specialized or smaller-scale steel production processes.

Hot Briquetted Iron Market- Geographical Insights

North America holds a leading position in the hot briquetted iron (HBI) market due to the strong presence of EAF-based steelmakers and investments in low-carbon steel initiatives. In 2024, Cleveland-Cliffs expanded its Toledo HBI plant capacity to support domestic steel production and reduce reliance on imported pig iron. Europe follows closely, supported by decarbonization policies like the EU Green Deal, with voestalpine operating one of the world's largest HBI plants in Texas to supply European mills. Asia-Pacific is witnessing growing adoption, as India's National Green Hydrogen Mission is encouraging HBI production using renewable energy. Latin America benefits from regional iron ore reserves supporting export-oriented HBI production.

Hot Briquetted Iron Market- Country Insights

The United States dominates the hot briquetted iron (HBI) market in North America, supported by robust steel production and EAF expansion projects. In 2024, the plant operated at 1.6 million metric tons per year, producing over 6.5 million metric tons since its startup in December 2020. U.S. steelmakers are increasingly replacing imported pig iron with locally produced HBI to ensure supply chain security, especially after disruptions in 2022. Collaborations between steel producers and energy companies are exploring hydrogen-based reduction technologies to decarbonize HBI production. Government incentives under the Inflation Reduction Act are further encouraging investments in green steel infrastructure, strengthening the country's leadership position.

Hot Briquetted Iron Market- Competitive Landscape:

The competitive landscape of the hot briquetted iron (HBI) market features key players such as voestalpine, Cleveland-Cliffs, Metinvest, and ArcelorMittal, focusing on capacity expansion and sustainability initiatives. In September 2024, Cleveland-Cliffs reaffirmed its commitment to the Middletown Works decarbonization project, which involves replacing its blast furnace with a Direct Reduced Iron (DRI) plant and two Electric Melting Furnaces (EMF). Metinvest continues to expand its HBI output in Ukraine, ensuring steady exports to Europe despite geopolitical challenges. ArcelorMittal invested in upgrading its direct reduced iron (DRI) facilities to increase HBI production efficiency. Strategic collaborations and technology partnerships are becoming common as players seek to improve process efficiency, reduce carbon emissions, and secure long-term supply for EAF-based steelmakers worldwide.

Recent Developments:

In June 2025, ESteel Enterprise Sabah launched the first phase of a $7.3 billion HBI plant in Sipitang, Malaysia, with a 2.5 million ton annual capacity, using natural gas, as part of a three-phase steel production expansion.

In July 2025, Makran Steel reached 93% completion of its 1.6 million-ton annual HBI plant in Chabahar, Iran, using MIDREX technology, as part of a larger 3 million-ton steel complex to enhance exports and regional industrial development.

In August 2025, Meranti Green Steel announced its Oman green iron project using a natural gas and green hydrogen mix. The plant aims to reduce CO2 emissions below 200 kg per ton, gradually increasing hydrogen to 85%, starting operations in 2029.

SCOPE OF THE REPORT

The scope of this report covers the market by its major segments, which include as follows:

GLOBAL HOT BRIQUETTED IRON MARKET KEY PLAYERS- DETAILED COMPETITIVE INSIGHTS

• Antara Steel Mills
• ArcelorMittal
• Cleveland-Cliffs
• Comsigua
• Essar Steel
• Jindal Shadeed Iron & Steel
• JSW Steel
• Lion Group
• LISCO (Libyan Iron & Steel Co.)
• Metalloinvest
• Midrex Technologies (Technology Provider)
• Nucor
• Orinoco Iron
• POSCO
• Qatar Steel
• Rio Tinto (DRI/HBI Projects)
• Stena Metal
• Tata Steel
• Vale S.A.
• Voestalpine AG
• Others

GLOBAL HOT BRIQUETTED IRON MARKET, BY PRODUCTION PROCESS- MARKET ANALYSIS, 2019 - 2032

• Gas-Based DRI with Briquetting
• Coal-Based Process
• Shaft Furnace Process

GLOBAL HOT BRIQUETTED IRON MARKET, BY FORM- MARKET ANALYSIS, 2019 - 2032

• Briquettes
• Granules
• Pellets
• Lumps

GLOBAL HOT BRIQUETTED IRON MARKET, BY FEEDSTOCK TYPE- MARKET ANALYSIS, 2019 - 2032

• Hot Briquetted Iron (HBI)
• Direct Reduced Iron (Cold DRI)
• Pig Iron Substitutes

GLOBAL HOT BRIQUETTED IRON MARKET, BY END-USER- MARKET ANALYSIS, 2019 - 2032

• Electric Arc Furnace (EAF)
• Basic Oxygen Furnace (BOF)
• Blast Furnace (BF)

GLOBAL HOT BRIQUETTED IRON MARKET, BY REGION- MARKET ANALYSIS, 2019 - 2032

• North America
• U.S.
• Canada
• Europe
• Germany
• UK
• France
• Italy
• Spain
• The Netherlands
• Sweden
• Russia
• Poland
• Rest of Europe
• Asia Pacific
• China
• India
• Japan
• South Korea
• Australia
• Indonesia
• Thailand
• Philippines
• Rest of APAC
• Latin America
• Brazil
• Mexico
• Argentina
• Colombia
• Rest of LATAM
• The Middle East and Africa
• Saudi Arabia
• UAE
• Israel
• Turkey
• Algeria
• Egypt
• Rest of MEA

Table of Contents

1. Hot Briquetted Iron Market Overview

• 1.1. Study Scope
• 1.2. Market Estimation Years

2. Executive Summary

• 2.1. Market Snippet
  • 2.1.1. Hot Briquetted Iron Market Snippet by Production Process
  • 2.1.2. Hot Briquetted Iron Market Snippet by Form
  • 2.1.3. Hot Briquetted Iron Market Snippet by Feedstock Type
  • 2.1.4. Hot Briquetted Iron Market Snippet by End-User
  • 2.1.5. Hot Briquetted Iron Market Snippet by Country
  • 2.1.6. Hot Briquetted Iron Market Snippet by Region
• 2.2. Competitive Insights

3. Hot Briquetted Iron Key Market Trends

• 3.1. Hot Briquetted Iron Market Drivers
  • 3.1.1. Impact Analysis of Market Drivers
• 3.2. Hot Briquetted Iron Market Restraints
  • 3.2.1. Impact Analysis of Market Restraints
• 3.3. Hot Briquetted Iron Market Opportunities
• 3.4. Hot Briquetted Iron Market Future Trends

4. Hot Briquetted Iron Industry Study

• 4.1. PEST Analysis
• 4.2. Porter's Five Forces Analysis
• 4.3. Growth Prospect Mapping
• 4.4. Regulatory Framework Analysis

5. Hot Briquetted Iron Market: Impact of Escalating Geopolitical Tensions

• 5.1. Impact of COVID-19 Pandemic
• 5.2. Impact of Russia-Ukraine War
• 5.3. Impact of Middle East Conflicts

6. Hot Briquetted Iron Market Landscape

• 6.1. Hot Briquetted Iron Market Share Analysis, 2024
• 6.2. Breakdown Data, by Key Manufacturer
  • 6.2.1. Established Players' Analysis
  • 6.2.2. Emerging Players' Analysis

7. Hot Briquetted Iron Market - By Production Process

• 7.1. Overview
  • 7.1.1. Segment Share Analysis, By Production Process, 2024 & 2032 (%)
  • 7.1.2. Gas-Based DRI with Briquetting
  • 7.1.3. Coal-Based Process
  • 7.1.4. Shaft Furnace Process

8. Hot Briquetted Iron Market - By Form

• 8.1. Overview
  • 8.1.1. Segment Share Analysis, By Form, 2024 & 2032 (%)
  • 8.1.2. Briquettes
  • 8.1.3. Granules
  • 8.1.4. Pellets
  • 8.1.5. Lumps

9. Hot Briquetted Iron Market - By Feedstock Type

• 9.1. Overview
  • 9.1.1. Segment Share Analysis, By Feedstock Type, 2024 & 2032 (%)
  • 9.1.2. Hot Briquetted Iron (HBI)
  • 9.1.3. Direct Reduced Iron (Cold DRI)
  • 9.1.4. Pig Iron Substitutes

10. Hot Briquetted Iron Market - By End-User

• 10.1. Overview
  • 10.1.1. Segment Share Analysis, By End-User, 2024 & 2032 (%)
  • 10.1.2. Electric Arc Furnace (EAF)
  • 10.1.3. Basic Oxygen Furnace (BOF)
  • 10.1.4. Blast Furnace (BF)

11. Hot Briquetted Iron Market- By Geography

• 11.1. Introduction
  • 11.1.1. Segment Share Analysis, By Geography, 2024 & 2032 (%)
• 11.2. North America
  • 11.2.1. Overview
  • 11.2.2. Hot Briquetted Iron Key Manufacturers in North America
  • 11.2.3. North America Market Size and Forecast, By Country, 2019 - 2032 (US$ Million)
  • 11.2.4. North America Market Size and Forecast, By Production Process, 2019 - 2032 (US$ Million)
  • 11.2.5. North America Market Size and Forecast, By Form, 2019 - 2032 (US$ Million)
  • 11.2.6. North America Market Size and Forecast, By Feedstock Type, 2019 - 2032 (US$ Million)
  • 11.2.7. North America Market Size and Forecast, By End-User, 2019 - 2032 (US$ Million)
  • 11.2.8. U.S.
    • 11.2.8.1. Overview
    • 11.2.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
    • 11.2.8.3. U.S. Market Size and Forecast, By Production Process, 2019 - 2032 (US$ Million)
    • 11.2.8.4. U.S. Market Size and Forecast, By Form, 2019 - 2032 (US$ Million)
    • 11.2.8.5. U.S. Market Size and Forecast, By Feedstock Type, 2019 - 2032 (US$ Million)
    • 11.2.8.6. U.S. Market Size and Forecast, By End-User, 2019 - 2032 (US$ Million)
  • 11.2.9. Canada
    • 11.2.9.1. Overview
    • 11.2.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
    • 11.2.9.3. Canada Market Size and Forecast, By Production Process, 2019 - 2032 (US$ Million)
    • 11.2.9.4. Canada Market Size and Forecast, By Form, 2019 - 2032 (US$ Million)
    • 11.2.9.5. Canada Market Size and Forecast, By Feedstock Type, 2019 - 2032 (US$ Million)
    • 11.2.9.6. Canada Market Size and Forecast, By End-User, 2019 - 2032 (US$ Million)
• 11.3. Europe
  • 11.3.1. Overview
  • 11.3.2. Hot Briquetted Iron Key Manufacturers in Europe
  • 11.3.3. Europe Market Size and Forecast, By Country, 2019 - 2032 (US$ Million)
  • 11.3.4. Europe Market Size and Forecast, By Production Process, 2019 - 2032 (US$ Million)
  • 11.3.5. Europe Market Size and Forecast, By Form, 2019 - 2032 (US$ Million)
  • 11.3.6. Europe Market Size and Forecast, By Feedstock Type, 2019 - 2032 (US$ Million)
  • 11.3.7. Europe Market Size and Forecast, By End-User, 2019 - 2032 (US$ Million)
  • 11.3.8. Germany
    • 11.3.8.1. Overview
    • 11.3.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
    • 11.3.8.3. Germany Market Size and Forecast, By Production Process, 2019 - 2032 (US$ Million)
    • 11.3.8.4. Germany Market Size and Forecast, By Form, 2019 - 2032 (US$ Million)
    • 11.3.8.5. Germany Market Size and Forecast, By Feedstock Type, 2019 - 2032 (US$ Million)
    • 11.3.8.6. Germany Market Size and Forecast, By End-User, 2019 - 2032 (US$ Million)
  • 11.3.9. UK
    • 11.3.9.1. Overview
    • 11.3.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
    • 11.3.9.3. UK Market Size and Forecast, By Production Process, 2019 - 2032 (US$ Million)
    • 11.3.9.4. UK Market Size and Forecast, By Form, 2019 - 2032 (US$ Million)
    • 11.3.9.5. UK Market Size and Forecast, By Feedstock Type, 2019 - 2032 (US$ Million)
    • 11.3.9.6. UK Market Size and Forecast, By End-User, 2019 - 2032 (US$ Million)
  • 11.3.10. France
    • 11.3.10.1. Overview
    • 11.3.10.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
    • 11.3.10.3. France Market Size and Forecast, By Production Process, 2019 - 2032 (US$ Million)
    • 11.3.10.4. France Market Size and Forecast, By Form, 2019 - 2032 (US$ Million)
    • 11.3.10.5. France Market Size and Forecast, By Feedstock Type, 2019 - 2032 (US$ Million)
    • 11.3.10.6. France Market Size and Forecast, By End-User, 2019 - 2032 (US$ Million)
  • 11.3.11. Italy
    • 11.3.11.1. Overview
    • 11.3.11.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
    • 11.3.11.3. Italy Market Size and Forecast, By Production Process, 2019 - 2032 (US$ Million)
    • 11.3.11.4. Italy Market Size and Forecast, By Form, 2019 - 2032 (US$ Million)
    • 11.3.11.5. Italy Market Size and Forecast, By Feedstock Type, 2019 - 2032 (US$ Million)
    • 11.3.11.6. Italy Market Size and Forecast, By End-User, 2019 - 2032 (US$ Million)
  • 11.3.12. Spain
    • 11.3.12.1. Overview
    • 11.3.12.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
    • 11.3.12.3. Spain Market Size and Forecast, By Production Process, 2019 - 2032 (US$ Million)
    • 11.3.12.4. Spain Market Size and Forecast, By Form, 2019 - 2032 (US$ Million)
    • 11.3.12.5. Spain Market Size and Forecast, By Feedstock Type, 2019 - 2032 (US$ Million)
    • 11.3.12.6. Spain Market Size and Forecast, By End-User, 2019 - 2032 (US$ Million)
  • 11.3.13. The Netherlands
    • 11.3.13.1. Overview
    • 11.3.13.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
    • 11.3.13.3. The Netherlands Market Size and Forecast, By Production Process, 2019 - 2032 (US$ Million)
    • 11.3.13.4. The Netherlands Market Size and Forecast, By Form, 2019 - 2032 (US$ Million)
    • 11.3.13.5. The Netherlands Market Size and Forecast, By Feedstock Type, 2019 - 2032 (US$ Million)
    • 11.3.13.6. The Netherlands Market Size and Forecast, By End-User, 2019 - 2032 (US$ Million)
  • 11.3.14. Sweden
    • 11.3.14.1. Overview
    • 11.3.14.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
    • 11.3.14.3. Sweden Market Size and Forecast, By Production Process, 2019 - 2032 (US$ Million)
    • 11.3.14.4. Sweden Market Size and Forecast, By Form, 2019 - 2032 (US$ Million)
    • 11.3.14.5. Sweden Market Size and Forecast, By Feedstock Type, 2019 - 2032 (US$ Million)
    • 11.3.14.6. Sweden Market Size and Forecast, By End-User, 2019 - 2032 (US$ Million)
  • 11.3.15. Russia
    • 11.3.15.1. Overview
    • 11.3.15.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
    • 11.3.15.3. Russia Market Size and Forecast, By Production Process, 2019 - 2032 (US$ Million)
    • 11.3.15.4. Russia Market Size and Forecast, By Form, 2019 - 2032 (US$ Million)
    • 11.3.15.5. Russia Market Size and Forecast, By Feedstock Type, 2019 - 2032 (US$ Million)
    • 11.3.15.6. Russia Market Size and Forecast, By End-User, 2019 - 2032 (US$ Million)
  • 11.3.16. Poland
    • 11.3.16.1. Overview
    • 11.3.16.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
    • 11.3.16.3. Poland Market Size and Forecast, By Production Process, 2019 - 2032 (US$ Million)
    • 11.3.16.4. Poland Market Size and Forecast, By Form, 2019 - 2032 (US$ Million)
    • 11.3.16.5. Poland Market Size and Forecast, By Feedstock Type, 2019 - 2032 (US$ Million)
    • 11.3.16.6. Poland Market Size and Forecast, By End-User, 2019 - 2032 (US$ Million)
  • 11.3.17. Rest of Europe
    • 11.3.17.1. Overview
    • 11.3.17.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
    • 11.3.17.3. Rest of the Europe Market Size and Forecast, By Production Process, 2019 - 2032 (US$ Million)
    • 11.3.17.4. Rest of the Europe Market Size and Forecast, By Form, 2019 - 2032 (US$ Million)
    • 11.3.17.5. Rest of the Europe Market Size and Forecast, By Feedstock Type, 2019 - 2032 (US$ Million)
    • 11.3.17.6. Rest of the Europe Market Size and Forecast, By End-User, 2019 - 2032 (US$ Million)
• 11.4. Asia Pacific (APAC)
  • 11.4.1. Overview
  • 11.4.2. Hot Briquetted Iron Key Manufacturers in Asia Pacific
  • 11.4.3. APAC Market Size and Forecast, By Country, 2019 - 2032 (US$ Million)
  • 11.4.4. APAC Market Size and Forecast, By Production Process, 2019 - 2032 (US$ Million)
  • 11.4.5. APAC Market Size and Forecast, By Form, 2019 - 2032 (US$ Million)
  • 11.4.6. APAC Market Size and Forecast, By Feedstock Type, 2019 - 2032 (US$ Million)
  • 11.4.7. APAC Market Size and Forecast, By End-User, 2019 - 2032 (US$ Million)
  • 11.4.8. China
    • 11.4.8.1. Overview
    • 11.4.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
    • 11.4.8.3. China Market Size and Forecast, By Production Process, 2019 - 2032 (US$ Million)
    • 11.4.8.4. China Market Size and Forecast, By Form, 2019 - 2032 (US$ Million)
    • 11.4.8.5. China Market Size and Forecast, By Feedstock Type, 2019 - 2032 (US$ Million)
    • 11.4.8.6. China Market Size and Forecast, By End-User, 2019 - 2032 (US$ Million)
  • 11.4.9. India
    • 11.4.9.1. Overview
    • 11.4.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
    • 11.4.9.3. India Market Size and Forecast, By Production Process, 2019 - 2032 (US$ Million)
    • 11.4.9.4. India Market Size and Forecast, By Form, 2019 - 2032 (US$ Million)
    • 11.4.9.5. India Market Size and Forecast, By Feedstock Type, 2019 - 2032 (US$ Million)
    • 11.4.9.6. India Market Size and Forecast, By End-User, 2019 - 2032 (US$ Million)
  • 11.4.10. Japan
    • 11.4.10.1. Overview
    • 11.4.10.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
    • 11.4.10.3. Japan Market Size and Forecast, By Production Process, 2019 - 2032 (US$ Million)
    • 11.4.10.4. Japan Market Size and Forecast, By Form, 2019 - 2032 (US$ Million)
    • 11.4.10.5. Japan Market Size and Forecast, By Feedstock Type, 2019 - 2032 (US$ Million)
    • 11.4.10.6. Japan Market Size and Forecast, By End-User, 2019 - 2032 (US$ Million)
  • 11.4.11. South Korea
    • 11.4.11.1. Overview
    • 11.4.11.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
    • 11.4.11.3. South Korea Market Size and Forecast, By Production Process, 2019 - 2032 (US$ Million)
    • 11.4.11.4. South Korea Market Size and Forecast, By Form, 2019 - 2032 (US$ Million)
    • 11.4.11.5. South Korea Market Size and Forecast, By Feedstock Type, 2019 - 2032 (US$ Million)
    • 11.4.11.6. South Korea Market Size and Forecast, By End-User, 2019 - 2032 (US$ Million)
  • 11.4.12. Australia
    • 11.4.12.1. Overview
    • 11.4.12.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
    • 11.4.12.3. Australia Market Size and Forecast, By Production Process, 2019 - 2032 (US$ Million)
    • 11.4.12.4. Australia Market Size and Forecast, By Form, 2019 - 2032 (US$ Million)
    • 11.4.12.5. Australia Market Size and Forecast, By Feedstock Type, 2019 - 2032 (US$ Million)
    • 11.4.12.6. Australia Market Size and Forecast, By End-User, 2019 - 2032 (US$ Million)
  • 11.4.13. Indonesia
    • 11.4.13.1. Overview
    • 11.4.13.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
    • 11.4.13.3. Indonesia Market Size and Forecast, By Production Process, 2019 - 2032 (US$ Million)
    • 11.4.13.4. Indonesia Market Size and Forecast, By Form, 2019 - 2032 (US$ Million)
    • 11.4.13.5. Indonesia Market Size and Forecast, By Feedstock Type, 2019 - 2032 (US$ Million)
    • 11.4.13.6. Indonesia Market Size and Forecast, By End-User, 2019 - 2032 (US$ Million)
  • 11.4.14. Thailand
    • 11.4.14.1. Overview
    • 11.4.14.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
    • 11.4.14.3. Thailand Market Size and Forecast, By Production Process, 2019 - 2032 (US$ Million)
    • 11.4.14.4. Thailand Market Size and Forecast, By Form, 2019 - 2032 (US$ Million)
    • 11.4.14.5. Thailand Market Size and Forecast, By Feedstock Type, 2019 - 2032 (US$ Million)
    • 11.4.14.6. Thailand Market Size and Forecast, By End-User, 2019 - 2032 (US$ Million)
  • 11.4.15. Philippines
    • 11.4.15.1. Overview
    • 11.4.15.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
    • 11.4.15.3. Philippines Market Size and Forecast, By Production Process, 2019 - 2032 (US$ Million)
    • 11.4.15.4. Philippines Market Size and Forecast, By Form, 2019 - 2032 (US$ Million)
    • 11.4.15.5. Philippines Market Size and Forecast, By Feedstock Type, 2019 - 2032 (US$ Million)
    • 11.4.15.6. Philippines Market Size and Forecast, By End-User, 2019 - 2032 (US$ Million)
  • 11.4.16. Rest of APAC
    • 11.4.16.1. Overview
    • 11.4.16.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
    • 11.4.16.3. Rest of APAC Market Size and Forecast, By Production Process, 2019 - 2032 (US$ Million)
    • 11.4.16.4. Rest of APAC Market Size and Forecast, By Form, 2019 - 2032 (US$ Million)
    • 11.4.16.5. Rest of APAC Market Size and Forecast, By Feedstock Type, 2019 - 2032 (US$ Million)
    • 11.4.16.6. Rest of APAC Market Size and Forecast, By End-User, 2019 - 2032 (US$ Million)
• 11.5. Latin America (LATAM)
  • 11.5.1. Overview
  • 11.5.2. Hot Briquetted Iron Key Manufacturers in Latin America
  • 11.5.3. LATAM Market Size and Forecast, By Country, 2019 - 2032 (US$ Million)
  • 11.5.4. LATAM Market Size and Forecast, By Production Process, 2019 - 2032 (US$ Million)
  • 11.5.5. LATAM Market Size and Forecast, By Form, 2019 - 2032 (US$ Million)
  • 11.5.6. LATAM Market Size and Forecast, By Feedstock Type, 2019 - 2032 (US$ Million)
  • 11.5.7. LATAM Market Size and Forecast, By End-User, 2019 - 2032 (US$ Million)
  • 11.5.8. Brazil
    • 11.5.8.1. Overview
    • 11.5.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
    • 11.5.8.3. Brazil Market Size and Forecast, By Production Process, 2019 - 2032 (US$ Million)
    • 11.5.8.4. Brazil Market Size and Forecast, By Form, 2019 - 2032 (US$ Million)
    • 11.5.8.5. Brazil Market Size and Forecast, By Feedstock Type, 2019 - 2032 (US$ Million)
    • 11.5.8.6. Brazil Market Size and Forecast, By End-User, 2019 - 2032 (US$ Million)
  • 11.5.9. Mexico
    • 11.5.9.1. Overview
    • 11.5.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
    • 11.5.9.3. Mexico Market Size and Forecast, By Production Process, 2019 - 2032 (US$ Million)
    • 11.5.9.4. Mexico Market Size and Forecast, By Form, 2019 - 2032 (US$ Million)
    • 11.5.9.5. Mexico Market Size and Forecast, By Feedstock Type, 2019 - 2032 (US$ Million)
    • 11.5.9.6. Mexico Market Size and Forecast, By End-User, 2019 - 2032 (US$ Million)
  • 11.5.10. Argentina
    • 11.5.10.1. Overview
    • 11.5.10.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
    • 11.5.10.3. Argentina Market Size and Forecast, By Production Process, 2019 - 2032 (US$ Million)
    • 11.5.10.4. Argentina Market Size and Forecast, By Form, 2019 - 2032 (US$ Million)
    • 11.5.10.5. Argentina Market Size and Forecast, By Feedstock Type, 2019 - 2032 (US$ Million)
    • 11.5.10.6. Argentina Market Size and Forecast, By End-User, 2019 - 2032 (US$ Million)
  • 11.5.11. Colombia
    • 11.5.11.1. Overview
    • 11.5.11.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
    • 11.5.11.3. Colombia Market Size and Forecast, By Production Process, 2019 - 2032 (US$ Million)
    • 11.5.11.4. Colombia Market Size and Forecast, By Form, 2019 - 2032 (US$ Million)
    • 11.5.11.5. Colombia Market Size and Forecast, By Feedstock Type, 2019 - 2032 (US$ Million)
    • 11.5.11.6. Colombia Market Size and Forecast, By End-User, 2019 - 2032 (US$ Million)
  • 11.5.12. Rest of LATAM
    • 11.5.12.1. Overview
    • 11.5.12.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
    • 11.5.12.3. Rest of LATAM Market Size and Forecast, By Production Process, 2019 - 2032 (US$ Million)
    • 11.5.12.4. Rest of LATAM Market Size and Forecast, By Form, 2019 - 2032 (US$ Million)
    • 11.5.12.5. Rest of LATAM Market Size and Forecast, By Feedstock Type, 2019 - 2032 (US$ Million)
    • 11.5.12.6. Rest of LATAM Market Size and Forecast, By End-User, 2019 - 2032 (US$ Million)
• 11.6. Middle East and Africa (MEA)
  • 11.6.1. Overview
  • 11.6.2. Hot Briquetted Iron Key Manufacturers in Middle East and Africa
  • 11.6.3. MEA Market Size and Forecast, By Country, 2019 - 2032 (US$ Million)
  • 11.6.4. MEA Market Size and Forecast, By Production Process, 2019 - 2032 (US$ Million)
  • 11.6.5. MEA Market Size and Forecast, By Form, 2019 - 2032 (US$ Million)
  • 11.6.6. MEA Market Size and Forecast, By Feedstock Type, 2019 - 2032 (US$ Million)
  • 11.6.7. MEA Market Size and Forecast, By End-User, 2019 - 2032 (US$ Million)
  • 11.6.8. Saudi Arabia
    • 11.6.8.1. Overview
    • 11.6.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
    • 11.6.8.3. Saudi Arabia Market Size and Forecast, By Production Process, 2019 - 2032 (US$ Million)
    • 11.6.8.4. Saudi Arabia Market Size and Forecast, By Form, 2019 - 2032 (US$ Million)
    • 11.6.8.5. Saudi Arabia Market Size and Forecast, By Feedstock Type, 2019 - 2032 (US$ Million)
    • 11.6.8.6. Saudi Arabia Market Size and Forecast, By End-User, 2019 - 2032 (US$ Million)
  • 11.6.9. United Arab Emirates
    • 11.6.9.1. Overview
    • 11.6.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
    • 11.6.9.3. United Arab Emirates Market Size and Forecast, By Production Process, 2019 - 2032 (US$ Million)
    • 11.6.9.4. United Arab Emirates Market Size and Forecast, By Form, 2019 - 2032 (US$ Million)
    • 11.6.9.5. United Arab Emirates Market Size and Forecast, By Feedstock Type, 2019 - 2032 (US$ Million)
    • 11.6.9.6. United Arab Emirates Market Size and Forecast, By End-User, 2019 - 2032 (US$ Million)
  • 11.6.10. Israel
    • 11.6.10.1. Overview
    • 11.6.10.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
    • 11.6.10.3. Israel Market Size and Forecast, By Production Process, 2019 - 2032 (US$ Million)
    • 11.6.10.4. Israel Market Size and Forecast, By Form, 2019 - 2032 (US$ Million)
    • 11.6.10.5. Israel Market Size and Forecast, By Feedstock Type, 2019 - 2032 (US$ Million)
    • 11.6.10.6. Israel Market Size and Forecast, By End-User, 2019 - 2032 (US$ Million)
  • 11.6.11. Turkey
    • 11.6.11.1. Overview
    • 11.6.11.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
    • 11.6.11.3. Turkey Market Size and Forecast, By Production Process, 2019 - 2032 (US$ Million)
    • 11.6.11.4. Turkey Market Size and Forecast, By Form, 2019 - 2032 (US$ Million)
    • 11.6.11.5. Turkey Market Size and Forecast, By Feedstock Type, 2019 - 2032 (US$ Million)
    • 11.6.11.6. Turkey Market Size and Forecast, By End-User, 2019 - 2032 (US$ Million)
  • 11.6.12. Algeria
    • 11.6.12.1. Overview
    • 11.6.12.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
    • 11.6.12.3. Algeria Market Size and Forecast, By Production Process, 2019 - 2032 (US$ Million)
    • 11.6.12.4. Algeria Market Size and Forecast, By Form, 2019 - 2032 (US$ Million)
    • 11.6.12.5. Algeria Market Size and Forecast, By Feedstock Type, 2019 - 2032 (US$ Million)
    • 11.6.12.6. Algeria Market Size and Forecast, By End-User, 2019 - 2032 (US$ Million)
  • 11.6.13. Egypt
    • 11.6.13.1. Overview
    • 11.6.13.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
    • 11.6.13.3. Egypt Market Size and Forecast, By Production Process, 2019 - 2032 (US$ Million)
    • 11.6.13.4. Egypt Market Size and Forecast, By Form, 2019 - 2032 (US$ Million)
    • 11.6.13.5. Egypt Market Size and Forecast, By Feedstock Type, 2019 - 2032 (US$ Million)
    • 11.6.13.6. Egypt Market Size and Forecast, By End-User, 2019 - 2032 (US$ Million)
  • 11.6.14. Rest of MEA
    • 11.6.14.1. Overview
    • 11.6.14.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
    • 11.6.14.3. Rest of MEA Market Size and Forecast, By Production Process, 2019 - 2032 (US$ Million)
    • 11.6.14.4. Rest of MEA Market Size and Forecast, By Form, 2019 - 2032 (US$ Million)
    • 11.6.14.5. Rest of MEA Market Size and Forecast, By Feedstock Type, 2019 - 2032 (US$ Million)
    • 11.6.14.6. Rest of MEA Market Size and Forecast, By End-User, 2019 - 2032 (US$ Million)

12. Key Vendor Analysis- Hot Briquetted Iron Industry

• 12.1. Competitive Dashboard
  • 12.1.1. Competitive Benchmarking
  • 12.1.2. Competitive Positioning
• 12.2. Company Profiles
  • 12.2.1. Antara Steel Mills
  • 12.2.2. ArcelorMittal
  • 12.2.3. Cleveland-Cliffs
  • 12.2.4. Comsigua
  • 12.2.5. Essar Steel
  • 12.2.6. Jindal Shadeed Iron & Steel
  • 12.2.7. JSW Steel
  • 12.2.8. Lion Group
  • 12.2.9. LISCO (Libyan Iron & Steel Co.)
  • 12.2.10. Metalloinvest
  • 12.2.11. Midrex Technologies (Technology Provider)
  • 12.2.12. Nucor
  • 12.2.13. Orinoco Iron
  • 12.2.14. POSCO
  • 12.2.15. Qatar Steel
  • 12.2.16. Rio Tinto (DRI/HBI Projects)
  • 12.2.17. Stena Metal
  • 12.2.18. Tata Steel
  • 12.2.19. Vale S.A.
  • 12.2.20. Voestalpine AG
  • 12.2.21. Others

13. 360 Degree AnalystView

14. Appendix

• 14.1. Research Methodology
• 14.2. References
• 14.3. Abbreviations
• 14.4. Disclaimer
• 14.5. Contact Us