Metalloinvest to build new terminal for HBI exports to satisfy demand

Russian steelmaker Metalloinvest will build a terminal for the transfer of hot-briquetted iron (HBI) and iron ore pellets at the port of Ust-Luga, the largest and deepest port on the Baltic Sea, in response to growing demand.

Ust-Luga lies west of St Petersburg, on the southern shore of the Gulf of Finland, close to the Russian border with Estonia. “Metalloinvest aims to satisfy the growing global demand for [HBI and iron ore pellets]. The construction of a new terminal in Russia on the Baltic Sea will strengthen the company’s...

Published

Marina Shulga

June 10, 2019

17:57 GMT

Dnepr