Hot briquetted iron (HBI) is the compacted, denser form of direct reduced iron (DRI). Manufactured for easier handling and trans-ocean shipping, the majority of this product has been melted in electric arc furnaces (EAFs). This paper discusses voestalpine Texas, which is the first HBI plant designed specifically to supply blast furnaces. 

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http://www.matil.org/uploads/dokuman/845-1/A%20New%20Market%20for%20Hot%20Briquetted%20Iron.pdf