ITALY HBI: Price falls on further scrap weakness

The import market for hot-briquetted iron (HBI) in Italy has fallen in the wake of the price decline in the steel scrap market, sources told Metal Bulletin on Thursday August 9.

The lack of demand for scrap has dragged HBI prices down, because HBI is an alternative to scrap as a raw material for steelmaking. Metal Bulletin’s import price assessment for HBI in Italy was $300-310 per tonne cfr on August 9, dropping from...

Published

Marina Shulga

August 09, 2018

19:37 GMT

London