What this guide decides
Value reduced-iron feed by total and metallic iron, metallization, carbon, gangue, moisture, particle size and safe handling requirements.
Executive summary
- Main decision: Value reduced-iron feed by total and metallic iron, metallization, carbon, gangue, moisture, particle size and safe handling requirements.
- Comparison basis: Record total and metallic iron, metallization, carbon, gangue, sulfur and phosphorus, moisture, size and fines, bulk density, temperature and handling instructions.
- First risk: Wet DRI
What decision are you making?
DRI is produced by reducing iron ore in the solid state. HBI is its hot-briquetted form, offering higher density and greater handling stability; both require controlled handling. Evaluate technical specifications, the price basis, delivery terms and quality evidence together. A lower number is not a comparable offer if it covers a different grade, weight, coating or delivery scope.[1][2]
For international buyers assessing Iranian steel, connect production-route information to the actual mill, product and shipment. Compare raw-material costs, energy exposure and environmental data on consistent units and boundaries, then add the agreed settlement currency, freight and named destination. Request product-specific evidence where the customer's project requires emissions, quality or traceability reporting; an industry average or technology label cannot stand in for the offered material's verified data. Build delivery and inventory scenarios around the supplier's confirmed production plan.
Technical mechanism and price impact
Metallic iron can oxidize and generate heat in contact with water and oxygen. Fines, porosity, passivation and storage duration and conditions affect metallization loss and safety.[2][3][4]
Record total and metallic iron, metallization, carbon, gangue, sulfur and phosphorus, moisture, size and fines, bulk density, temperature and handling instructions. Compare offers only after aligning units, the weight basis, taxes, packaging, loading, freight and quote validity. An omitted cost can outweigh the apparent saving per kilogram. Keep the supplier’s currency and payment date visible before converting to your purchasing currency.
Request comparable quotations
Ask every supplier to answer the same written specification. This prevents an apparently cheaper offer from silently changing the product or scope. Confirm the following before comparing prices:
- Sampling
- Metallization and iron
- Moisture and temperature
- Size distribution
- Transport and storage method
Compare the options
Use this table to structure the decision. It does not replace engineering calculations or the contract. The final column identifies the evidence to review before accepting an offer.
| DRI | Nearby consumption and controlled handling | Moisture and fines |
| HBI | Longer transport or storage is needed | Density and briquette quality |
| Mixture with scrap | EAF optimization | Mass balance |
Common risks and warning signs
Errors often begin when a trade name replaces a technical specification, one photograph stands for an entire shipment, or the delivery scope is missing from the quote. Address these specific risks: Wet DRI; Excess fines; Comparing wet-tonne prices; Metallization loss in storage. Turn each risk into a written acceptance criterion, sampling requirement or traceable document.
A standard number alone does not demonstrate conformity. Specify the edition, grade, dimensions, tolerances, test method, heat or batch number and acceptance authority. For an import project, confirm the destination’s requirements and the project’s approved specification; an Iranian market designation is not automatic evidence of an equivalent local grade.
Make the purchasing decision
Convert DRI prices into recoverable metallic-iron cost. Chemistry and safe storage are part of the same purchasing assessment.[4][5]
Before ordering, prepare a single comparison sheet covering the product, quantity, unit, theoretical and actual weight, base price, taxes, freight, delivery window, documents and acceptance criteria. Identify who pays each cost and who records discrepancies at receipt. This makes the negotiation clearer and gives the receiving team an agreed basis for checking the shipment.
Checklist before you order
- 1Sampling
- 2Metallization and iron
- 3Moisture and temperature
- 4Size distribution
- 5Transport and storage method
- 6Record the price basis, unit, taxes, loading and freight in the quotation
- 7Match shipment markings and documents to the delivered goods before unloading
Frequently asked questions
What should I check first when evaluating DRI and HBI?
Align the product definition and acceptance criteria before comparing prices. Record total and metallic iron, metallization, carbon, gangue, sulfur and phosphorus, moisture, size and fines, bulk density, temperature and handling instructions.
Is price alone enough to decide on DRI and HBI?
No. Prices are comparable only when grade, dimensions, weight, quality, documents, delivery scope and validity match. Convert DRI prices into recoverable metallic-iron cost. Chemistry and safe storage are part of the same purchasing assessment.
Sources and how they were used
Standards and primary sources define the method, terminology and scope of each decision. The project’s contractual edition and the approved national standard always take precedence.
- [1]World Steel in Figures 2026— World Steel Association
- [2]Raw materials— World Steel Association
- [3]Life cycle assessment in the steel industry— World Steel Association
- [4]Iran Mercantile Exchange physical-market trading statistics— Iran Mercantile Exchange
- [5]Global Steel, Ferrous Scrap, Ferroalloys and Noble Alloys Specifications Guide— S&P Global Commodity Insights


