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.
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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.
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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 ...
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"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 ...
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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 ...
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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.
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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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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 ...
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The DRI's raids and the agency's subsequent investigations began to show their effects in March 2016, when it sent a circular to customs offices across the country issuing a "general alert" on coal imports from Indonesia by 40 companies. According to the circular, the companies were engaged in what it called "trade based money ...
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ADEM alert is a compilation of public notices issued by the Alabama Department of Environmental Management (ADEM) in a given month.. It is ADEM's stated mission to assure a safe, healthful and ...
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The specialist points out that the production of gasbased steel using DRI significantly reduces emissions of harmful substances compared to traditional blast furnaces that use coal.
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Purchase A Guide to Dry Bulk Operations. Some cargoes require little monitoring during the loaded sea passage, but others should be monitored closely. Alumina and salt do not require much monitoring from ship's staff, but coal should be monitored daily. Failure to monitor when required can have catastrophic consequences and may even result in ...
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On the last day of March, the Directorate of Revenue Intelligence (DRI), which comes under the Union Ministry of Finance, issued a "general alert" to fiftyodd customs establishments all over India highlighting the modus operandi of overinvoicing of imports of coal from Indonesia. The DRI has claimed that money was being "siphoned" outside the ...
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The Internet Computer token price has been on a downward trend since its launch in May ICP token price is trading at around 70 cents, down from its alltime high of This decline ...
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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 ...
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By Parikshit Luthra Mar 13, 2023 3:04:51 PM IST (Published) The Finance Ministry on Monday informed Parliament that the Directorate of Revenue Intelligence (DRI) has concluded its investigations into the imports of Power Generation, Power Transmission, and Infrastructure (Port SEZ) equipment by Adani Group companies. The DRI has submitted its ...
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The average price of Indonesian coal with a gross calorific value of 3,8004,200 kCal/kg ranged between 38 and 49 a tonne on freeonboard (FOB) basis, according to most international indices.
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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 ...
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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.
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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 ...
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Trust in the most reliable systems on the market! DRIVEALERTS have been the security industry's most popular vehicle detection systems for over 45 years, and are manufactured in the by the pioneer in vehicle detection technology. Mier Products, Inc. These multipurpose, solidstate, electronic alarm systems are designed for use anywhere knowledge of vehicle movement, or tampering ...
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The DRI investigation, started in 2009 and is still continuing, alleges overinvoicing of imported coal and powerplant equipment cumulatively amounted to around Rs 50,000 crore prior to 2008. Of this coal imports accounted for around Rs 29,000 crore, while powerplant equipment imports and "compensatory tariffs" claimed by a few companies is ...
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December 3, 2023 8:55 am Bridge Service
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However, the DRI has estimated 50 to cost inflation on the imported coal. In an alert issued to various authorities, quoted by the AIPEF in its letter, the DRI had stated that this was being done for "(i) siphoningoff money abroad and (ii) to avail higher power tariff compensation based on artificially inflated cost of the imported coal."
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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.
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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.
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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.
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On the Alert Recipients page, follow the steps in the Create a new alert policy article. Why duplicate alerts are triggered. A video alert and a harsh driving alert may both be triggered by the same event. For example, a driver may take a corner too quickly known as harsh cornering. This will trigger a video recording and a video alert, but ...
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The Supreme Court stayed the Bombay High Court's order quashing the Directorate of Revenue Intelligence (DRI) seeking information about the alleged Rs 29,000crore overinvoicing by Adani Enterprises Limited in connection with coal imports from Indonesia. The Solicitor General argued the high court order had prevented DRI from collecting evidence.
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A material supplier from Belgium would like to produce limestone powder for his custome...
India is rich in various mineral resources and it is an important mineral processing market
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