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Bulk DRI / HBI suppliers and buyers
Bulk DRI / HBI producers, manufacturers, traders and buyers post sell offers and buy requests on Comdity and agree the deal directly with each other on FOB, CFR or CIF terms.
About DRI / HBI
DRI and HBI are iron products used in steelmaking, traded in bulk by the metric ton. Iron content, metallisation and the form are agreed, and the cargoes need special care in shipping.
DRI / HBI exporters and importers: who trades it in the world
World exports of DRI / HBI were worth about USD 4.4 billion in 2024. The largest exporting countries were Russia (20%), Oman (18.1%), Trinidad and Tobago (15.3%), India (10.4%). The largest importing countries were Saudi Arabia (24%), United States (15%), Turkey (7.9%), Nepal (7.1%).
| Top exporting countries | Share of world trade |
|---|---|
| Russia | 20% |
| Oman | 18.1% |
| Trinidad and Tobago | 15.3% |
| India | 10.4% |
| United States | 7% |
| Sweden | 5.4% |
| Top importing countries | Share of world trade |
|---|---|
| Saudi Arabia | 24% |
| United States | 15% |
| Turkey | 7.9% |
| Nepal | 7.1% |
| Italy | 5.3% |
| Germany | 4.7% |
Source: OEC (BACI/CEPII), 2024, customs codes 720310. The figures count trade by every mode of transport, not only by sea.
DRI / HBI offers and requests: FOB, CFR and CIF terms available
Post a Listing
How trading DRI / HBI works on Comdity
A company posts a sell offer or a buy request with the quantity, the delivery period and the ports. Other companies send an offer or a counteroffer on FOB, CFR or CIF terms. When both sides want to go on, they accept the offer, receive each other's contact details and finalise the contract directly. Comdity is a marketplace: it is not a party to the contract.
- FOB (Free On Board): the seller delivers the goods on board at the loading port; the buyer arranges and pays the sea freight.
- CFR (Cost and Freight): the seller pays the sea freight to the discharge port; the buyer carries the risk and the insurance from loading.
- CIF (Cost, Insurance and Freight): as CFR, and the seller also insures the cargo to the discharge port.
Read more: FOB vs CFR vs CIF · offer and counteroffer · how to find commodity suppliers · export and import documents.
DRI / HBI is normally shipped by bulk carrier. When the terms are agreed, you can explore suitable vessels on Shipfixing.
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