The Middle East and North Africa (MENA) region is joining forces in direct reduction steel production (DRI) and green hydrogen development. Metallurgy expert Stanislav Kondrashov believes that this will allow MENA to become a leading global player in the field of environmentally friendly steel and green iron.
In March 2016, the agency issued a general alert to its field formations across India, outlining the modus operandi of overinvoicing of coal imports from Indonesia. The DRI alleged that money was being "siphoned" outside the country and the electricitygenerating firms were availing of "higher tariff compensation based on artificially ...
The coal power policy has been influencing the development of China's coal power industry from the aspects of quantity control, technological progress, and marketoriented reform. Meanwhile, the strategic coal power policy of the mid and longterm future is yet to be welldesigned under the carbon peak and neutrality targets. Therefore, it is necessary to have a comprehensive overview of ...
The DRI had alleged that overvaluing of coal might have been done to help power companies get inflated tariffs for their generating stations. Edited by Chitranjan Kumar Published on: Oct 17, 2019 ...
DRI, also known as sponge iron, is the product of reducing iron oxide in the form of iron ore and steel plant wastes into metallic iron, below the melting point of iron and typically in the range of °C. Iron oxide is charged into shaft furnace, rotary kiln, or fluidized beds in the form of pellet, iron ore lumps, or fines.
At present, fossil fuels are the steel sector's bloodstream: 27 EJ (10 18 J) of coal, 3 EJ of gas and 5 EJ (1400 TWh) of electricity are consumed annually for the production of the mostly widely ...
On October 10, hearing a case regarding the alleged ove rinvoicing of Indonesian coal imported by the Adani Group, the Supreme Court clubbed the matter with another case related to alleged smuggling of dutyfree gold by a Hyderabadbased jeweller.. It was in November 2019, that the DRI had moved the apex court against a Bombay High Court order in favour of the Adani Group.
The DRI is probing at least 40 companies including two companies of the Anil Dhirubhai Ambani Group (ADAG), two Essar Group firms and a few public sector power firms for alleged overvaluation of coal imports from Indonesia pegged at Rs 29,000 crore between 2011 and 2015. In March 2016, DRI issued a general alert to its field formations across ...
Existing DRI plants run on natural gas and thermal coal, and are mainly in the Middle East and North Africa, India, Russia and in the Americas region. A lack of lower cost gas supply in western Europe has so far limited DRI plants, even though new projects are mulled in Italy, Romania and Germany, even if they transition to hydrogen in future.
DRI: This iron production process directly reduces iron ore in solidstate with the reaction temperature below the melting point of iron. Reducing gases are produced from natural gas (gasbased DRI) or coal (coalbased DRI) called syngas, a mixture of H 2 and CO. Although DRI production is more energy efficient than pig iron production from BF ...
The DRI has been investigating 40 powergenerating companies and traders for the past couple of years. It has flagged prominent public and private sector companies that are suspected to be inflating the import value of coal beyond that prevailing in the international market. According to the DRI alert, "the objective is to siphon off money ...
A new analysis shows that 81% of investments in greener energy are in counties with belowaverage wages, and former coal towns have been at the forefront of the influx. IE 11 is not supported.
A major scam involving several energy companies and traders, including some in the state sector, has been unearthed involving alleged overinvoicing of imported coal including through a tax haven to siphon off money abroad and charge higher power tariffs, according to DRI sources. The companies include some of the biggest names in the sector as also some state electricity boards and central ...
Hotbriquetted iron. Direct reduced iron (DRI), also called sponge iron, is produced from the direct reduction of iron ore (in the form of lumps, pellets, or fines) into iron by a reducing gas or elemental carbon produced from natural gas or ores are suitable for direct reduction. Direct reduction refers to solidstate processes which reduce iron oxides to metallic iron at ...
Coal is an important, widelyused source of energy and a chemical raw material, which is transported globally in large quantities; more than a billion tonnes of coal per year are transported by sea (IEA International Energy Agency, 2020). However, its carriage as a cargo is associated with a number of hazards and coal must be carried in ...
C Unnikrishnan Apr 8, 2016, 06:09 IST. MUMBAI: The Directorate of Revenue Intelligence (DRI) has issued a nationwide alert to its offices and customs formations to scrutinise coal imports for over ...
The DRI probe against all these companies began after the agency issued a general alert to its field formations across India in March 2016, outlining the modus operandi of overinvoicing of coal imports from Indonesia. DRI alleged that money was being "siphoned" outside the country and the electricitygenerating firms were availing of ...
Pan Asia Tradelink, previously named Pan Asia Coal Trading, has supplied Adani with tonnes of coal for since September 2021, according to customs records reviewed by the FT. The ...
The Securities and Exchange Board of India (SEBI) has concealed a January 2014 DRI alert about Adani having siphoned off the money and invested it in Adanilisted companies through entities based ...
The hydrogenbased DRI steelmaking route is emerging both in Europe and worldwide as the preferred and potentially the most efficient path to carbon neutrality. In addition to Tata Steel Europe's moves in this direction, steelmaker ArcelorMittal and Liberty Steel Group are both developing hydrogenbased DRI steelmaking facilities in Europe.
Receive daily email alerts, subscriber notes personalize your experience. Register Now Iron ore miners such as Rio Tinto, Vale, Fortescue and BHP are working with steel companies in Asia and Europe to adapt products such as pellets, highgrade concentrates, sinter and lump ore for use in direct reduction iron (DRI) and blast furnaces to ...
In addition to the list above, coal mines should: ️ Properly support roof and be aware of changing roof conditions. ️ Properly ventilate the mine. ️ Keep clean all combustible materials in mine. ️ Apply liberal amounts of rock dust. ️ Conduct frequent examinations.
"The FT's proposed story is based on the DRI's general alert circular.dated 30 March 2016," the company had said in that statement. It wasn't. The FT began its investigation on the premise that even though the DRI case had stumbled, there were reasons to believe that the group had not abandoned the practice of overinvoicing coal ...
High metallization cuts coal usage. DRI and HBI are usually made from highgrade iron ore pellets typically reduced by gas to provide a highlymetallized raw material for both electric arc furnaces and traditional blast furnaces. According to USbased DRI technologist Midrex Technologies, HBI, which is metallized beyond 90%, needs only to be ...
FT report cites customs records and DRI circular to back up its claims. Adani Group stocks come under selling pressure after FT report on alleged overinvoicing of coal imports.
August 18, 2023 Fatality. Accident Classification: Drowning. Location: Mcdowell, West Virginia. Mine Controller: ClevelandCliffs, Inc. Mine Type: Underground. Mined Material: Coal (Bituminous) Chargeback Date: 9/27/2023. On August 18, 2023, MSHA was informed of a miner's death at Twin State Mining, Inc.'s Mine No. 39 in Elbert, WV. MSHA ...
The DRI probe against Adani and other firms began, after the agency issued a general alert to its field formations across India in March 2016, outlining the modus operandi of overinvoicing of coal imports from Indonesia. DRI alleged that money was being "siphoned" outside the country and the electricitygenerating firms were availing of ...
CRM has developed the COMET process in order to produce high quality DRI from iron ore fines and crushed coal. A pilot installation (design capacity : 100 kg DRI/h) is operated at CRM since February 1997. The test results demonstrate that the COMET process enables the continuous production of a highly metallized DRI (> 92 %) with a low gangue content (< 4%) and a low sulphur content (< %).
DRI last week issued a "general alert" to customs offices claiming that power companies were exploiting "higher tariff compensation based on [the] artificially inflated cost of the imported ...
The FT's proposed story is based on the DRI's General Alert Circular /2016/CI dated 30 March 2016. ... It also deliberately ignores the fact that coal procurement in India on longterm ...
The Blast Furnace came up in a record time of 27 months, establishing new benchmarks in global steelmaking. The Integrated Steel Plant, initially envisaged as the country's first steel plant to be based on purely swadeshi raw material, involved setting up world's largest Coal Gasification Plant (CGP) for Steelmaking through the DRI route.
Any coal with an ash melting temperature above 1050°C and a 10%40% VM content can be used in the Circofer. Coal with ash content <15% is preferable to keep the circulating load in the reactor, and in the case of direct charging into a smelter, the slag volume to a minimum (von Bitter et al., 1999). DRI produced by the Circofer process (>93% ...
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