This cargo is similar to DRI. It appears the fines are residue generated during the processing of DRI into HBI. But since the fines are not compressed into briquettes they remain porous like DRI and have the same features as DRI. The same precautions should be taken with the carriage of HBI as DRI. IMO has recently issued a circular warning of this cargo under MSC/Circ 1149, Dec 2004.