Russian steelmaker Metalloinvest, which is the largest global supplier of hot-briquetted iron (HBI), may increase its shipments of the material by 10% by early 2023.
The company started modernization of one of three HBI plants at its Lebedinsky GOK asset in mid-November. The project was scheduled for completion by early 2023.Once the modernization is completed, the plant's capacity will increase by more than 10%. The current capacity of the plant is more than 1 million tonnes per year, so more than 100,000 tpy of HBI will...