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This assessment is being launched after a consultation period, in response to the growing global HBI market, with Italy being the largest consumer in the spot market.
The specifications for this assessment are as follows:
Assessment: Italian hot-briquetted iron, $ per tonne, cfr Italian ports Dimensions: 90-120mm x 45-58mm x 29-40mm Quantity: 10,000-30,000 tonnes Location: cfr Italian ports Timing: 4-6 weeks Unit: US$ per tonne Payment terms: Against forwarder’s cargo receipt and bill of lading Publication: Weekly. Thursday, by 3pm London time Notes: Chemical specification – metallization 91-94%, C 0.8-1.5%, Fe total 90.2-91.5%, Fe metallization 81-85.5%
Metal Bulletin has no financial interest in the level or direction of the assessment.
To provide feedback on this price, or if you would like to provide pricing information by becoming a data contributor to the Europe HBI assessment, please contact Marina Shulga by email at: pricing@metalbulletin.com. Please add the subject heading ‘FAO: Marina Shulga, re: Europe HBI import price.’
To see all of Metal Bulletin’s pricing methodology and specification documents, click here.