Tag: hot briquetted iron

ArcelorMittal acquires 80% stake in HBI plant

ArcelorMittal announced that it has signed an agreement to acquire an 80% shareholding in voestalpine’s world-class Hot Briquetted Iron (HBI) plant located in Corpus Christi, Texas.

Venezuelan HBI plant bought

Tenaris SA and Sidor have signed an agreement with Posven (Venezuela) for the sale and purchase of its assets – principally an industrial facility for the production of pre-reduced hot briquetted iron, or HBI, located in Ciudad Guayana, Venezuela.