Voestalpine, Ahmsa sign deal for HBI

May 29, 2013 | 03:22 PM | Samuel Frizell

Tags  Voestalpine Group, Altos Homos de Mexico, direct-reduced iron, DRI, hot briquetted iron, HBI, Samuel Frizell

NEW YORK — Austria’s Voestalpine Group has signed a memorandum of understanding with Mexico’s biggest integrated steelmaker, Altos Hornos de México SAB de CV (Ahmsa), to sell the steelmaker several hundred thousand tonnes of hot-briquetted iron (HBI) annually from its planned HBI and direct-reduced iron (DRI) facility in Corpus Christi, Texas.

Shipments to the Mexican steelmaker are set to begin in early 2016 after Voestalpine completes its proposed €550-million ($711.9-million) facility, Voestalpine said.....

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