>  Term: hot briquetted iron (HBI)
hot briquetted iron (HBI)

Direct reduced iron that has been processed into briquettes. Instead of using a blast furnace, the oxygen is removed from the ore using natural gas and results in a substance that is 90%–92% iron. Because DRI may spontaneously combust during transportation, HBI is preferred when the metallic material must be stored or moved.

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