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GGBFS & Granulated Blast Furnace Slag

Granulated slag for grinders and ground GGBS by activity index

GGBFS is two products under one HS code, and a buyer has to say which one before a price means anything. Granulated blast furnace slag is the unground glassy sand made by quenching molten iron-furnace slag in water; a cement grinder buys it as a raw material and grinds it with clinker or separately. Ground granulated blast furnace slag (GGBS, or slag cement in North America) is the same glass milled to cement fineness and sold as a finished supplementary cementitious material to ready-mix, precast and blended-cement plants. The granulate is bought on how much of it is glass and on chemistry, because only the vitrified fraction reacts; EN 15167-1 requires the slag to be predominantly glassy, with CaO + MgO + SiO₂ making up at least two-thirds by mass. The ground product is bought on performance. EN 15167-1 sets a Blaine fineness of at least 275 m²/kg and an activity index, measured on a 50:50 blend with a test cement, of at least 45% at 7 days and 70% at 28 days. ASTM C989 grades GGBS by slag activity index instead: Grade 80 needs an average 28-day index of 75, Grade 100 needs 75 at 7 days and 95 at 28 days, and Grade 120 needs 95 at 7 days and 115 at 28 days. Japanese product sold to JIS A 6206 is quoted at a specific surface of 3,500 to under 5,000 cm²/g with MgO at 10% or less and SO₃ at 4.0% or less. A COA that gives chemistry without an activity index describes granulate, not GGBS.

The export base is concentrated. 2024 export declarations under HS 2618.00 total about 37.1 million MT across reporting countries, led by China at 13.89 million MT and Japan at 10.49 million MT, followed by Germany (1.89 million MT), Indonesia (1.33 million MT), India (1.18 million MT) and Türkiye (1.09 million MT), with South Africa, Italy, Korea and Taiwan also reporting exports. On the import side the United States declared 1.92 million MT in 2024 and 2.96 million MT in 2025, 1.66 million MT of it from Japan and 0.82 million MT from China, and the Philippines declared 0.56 million MT in 2024. Granulation is available at only a few active US blast furnaces, which is why much of the granulated slag used there is imported. Granulate moves as a bulk cargo, a Group C cargo under the IMSBC Code; ground GGBS is a powder and moves enclosed, in pneumatic cement carriers, bulk tankers or bulk bags, and the IMSBC Code now carries its own schedule for ground granulated blast furnace slag powder under Amendment 07-23, in force from 1 January 2025. Documents are a COA with glass content or activity index as the grade demands, a certificate of origin and, for European building-material use, the natural-radioactivity assessment that Directive 2013/59/Euratom applies to slags. In the EU the substance is registered under REACH as slags, ferrous metal, blast furnace (EC 266-002-0). Cement is a CBAM good from the start of the definitive period on 1 January 2026, but HS 2618 slag is not in the CBAM Annex I list; a ground slag cement declared under 2523 90 00 is. CBIL is a commodity brokerage company, and its chartering desk (LaycanDesk) prices the freight with the cargo. Send granulate or ground, the standard and grade, discharge port, discharge method and monthly tonnage, and the enquiry is worked on FOB or CFR against that.

In India, granulated slag is mostly a domestic trade. The steel plant sells it ex-works with GST charged on the invoice, and it moves either by rail rake booked through the Indian Railways freight system (FOIS) to the buyer's siding or in the buyer's own trucks from the plant. Eastern India is a large source, with integrated plants in Jharkhand, West Bengal and Odisha granulating their blast-furnace slag. Part of that output crosses to Bangladesh: mirror trade data put Bangladesh's HS 2618 imports from India at about 1.22 million MT in 2025, against about 6.35 million MT from China. The Indian route runs through Kolkata, where rakes are unloaded and the slag is loaded onto river barges that sail the Indo-Bangladesh Protocol route to cement grinding units around Munshiganj and Narayanganj. The Protocol route mainly carries fly ash, in barges averaging about 1,000 MT, and granulated slag has also moved on it by barge from Kolkata.

See also: BOF/EAF steel slag and mill scale (not for cement replacement) · GBFS freight in bulk and by barge (LaycanDesk)

Need the ship as well? Our chartering desk prices Vietnam to Bangladesh clinker freight on LaycanDesk.

Excluded origins are not offered, including product re-exported, blended or re-processed through a third country. Every lot moves with a certificate of origin naming the producing plant, mine or grower country, and nothing is quoted before the seller and loading point are known.

Indicative reference

Per MT, on grade USD / MT

as at September 2026

IncotermsFOB · CFR · CIF
OriginsChina, Japan, India, Türkiye, Republic of Korea, Italy, South Africa, Taiwan, Viet Nam
PackagingGranulate in bulk vessel; GGBS in pneumatic cement carriers, bulk tankers or bulk bags
HS Code2618.00

Reference level only — not an offer, and reviewed quarterly. Levels shown are as at September 2026. Firm pricing is quoted per RFQ, subject to volume, terms and inspection.

China · Japan · India · Türkiye · Republic of Korea · Italy · South Africa · Taiwan · Viet Nam

Typical Specification

Glassy Slag (EN 15167-1)Predominantly vitrified; CaO + MgO + SiO₂ ≥ 2/3 by mass
Blaine Fineness (EN 15167-1)≥ 275 m²/kg
Activity Index (EN 15167-1)≥ 45% at 7 d; ≥ 70% at 28 d
ASTM C989 28-day IndexGrade 80 ≥ 75; Grade 100 ≥ 95; Grade 120 ≥ 115
IMSBC CodeGranulated slag Group C; separate schedule for GGBS powder (07-23)
HS Code2618.00

Specifications are indicative and adjusted to the agreed contract and destination requirements. Final spec confirmed on COA / SGS.

Available Grades

Granulated Blast Furnace Slag (unground, glassy)GGBS to EN 15167-1 (Blaine ≥ 275 m²/kg)Slag Cement ASTM C989 Grade 80Slag Cement ASTM C989 Grade 100Slag Cement ASTM C989 Grade 120GGBS to JIS A 6206

Applications

  • Cement grinding units (slag and blended cement)
  • Ready-mix concrete (GGBS as cement replacement)
  • Precast and marine concrete
  • Blended-cement producers
  • Traders supplying grinding plants
  • Indian cement grinders taking GBFS by rail rake to siding
  • Bangladeshi cement grinders importing Indian slag by river barge

Category

Industrial Minerals & Construction

Incoterms

FOB · CFR · CIF

Pricing basis

USD / MT

Inspection

SGS / Intertek at load port

GGBFS & Granulated Blast Furnace Slag — buyer questions

Should I buy granulated slag or ground GGBS?

It depends on whether you have a mill. A cement grinding unit with spare grinding capacity buys the unground granulate in bulk, because it is the cheaper way to carry glass across the sea and the plant sets its own fineness. A ready-mix or precast plant with only silos buys GGBS already ground, on activity index, and takes it in enclosed powder transport. Tell us which you have and we work the right product rather than the one that is easiest to offer.

Which grade should I specify under ASTM C989?

The grade is the 28-day slag activity index. Grade 80 averages at least 75, Grade 100 at least 95 and Grade 120 at least 115, and Grades 100 and 120 add 7-day minimums of 75 and 95. Grade 100 is the common ready-mix specification; Grade 120 is for mixes that need early strength at high replacement. Under EN 15167-1 the floor is an activity index of 45% at 7 days and 70% at 28 days with a Blaine of at least 275 m²/kg.

Is GGBFS covered by CBAM?

Not as slag. The CBAM cement sector in Annex I lists CN 2507 00 80 and the 2523 cement and clinker codes, and cement has been in the definitive period since 1 January 2026. Granulated slag under HS 2618 is not on that list. If slag has been ground with clinker and is declared as a cement under 2523 90 00, it is a CBAM good and the importer reports its embedded emissions.

Which countries export the most granulated slag?

By 2024 export declarations under HS 2618.00: China 13.89 million MT, Japan 10.49 million MT, Germany 1.89 million MT, Indonesia 1.33 million MT, India 1.18 million MT and Türkiye 1.09 million MT. The United States was the largest reporting importer by value and declared 1.92 million MT. The origin that suits you is the one with an active freight lane to your port, which is why LaycanDesk quotes the freight with the cargo.

How is Indian GBFS sold domestically?

Ex-works from the steel plant, with GST on the invoice. The buyer either takes it by rail rake, booked through the Indian Railways freight system (FOIS) to its own siding, or collects it by truck from the plant. A rake buyer needs a GST registration, a railway customer code and a siding to receive into. Eastern India's integrated plants in Jharkhand, West Bengal and Odisha are the main sources for grinders in that region.

How does Indian slag reach Bangladesh?

Mostly by river. Slag railed to Kolkata is unloaded, stacked and loaded onto barges that run the Indo-Bangladesh Protocol route to cement grinders around Munshiganj and Narayanganj. Mirror trade data put Bangladesh's HS 2618 imports from India at about 1.22 million MT in 2025. The route mainly carries fly ash in barges of about 1,000 MT, so a slag parcel is planned around rake size, barge availability and port free time at Kolkata.

How is GBFS quality proven before the ship sails?

By a load-port certificate covering glass content (≥ 95%), the basicity ratios ((CaO + MgO)/SiO₂ ≥ 1.0, (CaO + MgO + Al₂O₃)/SiO₂ ≥ 1.6–1.9), MgO, sulphide sulphur, chloride, loss on ignition and moisture, and where the buyer asks for it, a ground sample tested for activity index at 7 and 28 days. Japanese producers publish this per shipment; for other origins we have SGS or Intertek draw the sample at the stockpile.

Who buys granulated slag in Egypt and India?

Cement producers and grinding units, both newly supplied from China. Egypt imported about 527,000 MT in 2025, all of it Chinese, at a landed value of about USD 50 per tonne, having taken almost none the year before. India imported about 1.05 million MT in 2025, also all Chinese, up from about 60,000 MT in 2024, at a declared value of only about USD 14 per tonne; a figure that low means a buyer should confirm the glass content and that the cargo is true granulated slag before pricing against it. Slag for Indian cement must meet the national standard for granulated slag. CBIL quotes granulated slag from Japan, China and Türkiye into both markets for a named plant.

Where does Japanese slag go, and at what value?

Japan declared 10.49 million MT of HS 2618 exports in 2024. On the buyers' own 2025 import declarations, the United States took 1.66 million MT from Japan at about USD 42/MT and Malaysia 0.47 million MT at about USD 33/MT, both on an import (CIF-type) basis. Japan's own export values per tonne are far lower, because slag is sold close to the quay and the freight is most of the delivered cost into Chittagong or Tema.