Page 20 - Steel Tech India eMagazine Volume January 2021

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achieve commitments to limit or reduce greenhouse process, or service.
gas emissions in a cost-effective way
MIDREX & HYL – Midrex is an innovative ironmaking
GATT – The General Agreement on Tariffs and Trade process, developed for the production of direct-reduced
is a legal agreement between many countries, whose iron (DRI) from iron ores and primarily natural gas.
overall purpose was to promote international trade by
reducing or eliminating trade barriers such as tariffs or RCP – A Representative Concentration Pathway is a
quotas greenhouse gas concentration trajectory adopted by
the IPCC.
IEA – The International Energy Agency works with
countries around the world to shape energy policies for TRT – Top-Pressure Recovery Turbine Plant generates
a secure and sustainable future electric power by employing the heat and pressure of
blast furnace top gas to drive a turbine generator
IPCC – The Intergovernmental Panel on Climate
Change (IPCC) is an intergovernmental body of the TSJ/TSK – Tata Steel Jamshedpur & Tata Steel
United Nations Kalinganagar
LCA – Life-cycle assessment or LCA is a methodology WTO – The World Trade Organization is an
for assessing environmental impacts associated with intergovernmental organization that is concerned with
all the stages of the lifecycle of a commercial product, the regulation of international trade between nations.

18 STEEL TECH