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Definitions (48)
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DMTU
Dry metric tonne unit. A metric tonne unit is equivalent to 1% of a metric tonne (i.e. 1% of 1000 kg) and equals 10 kilograms. Iron ore prices are commonly expressed in terms of cents per DMTU.
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HMS1
HMS1 and HMS2 are the preferred forms of scrap for the production of steel. Both are defined as obsolete scrap - which is generated when a steel product comes to the end of its working life. HMS denot [..]
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OCTG
Oil country tubular goods - refers to the group of steel tube products (both seamless and welded) used in vertical oil well applications such as casing, drill pipe, and well tubing
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DNV
Det Norske Veritas - independent foundation based in Norway with objective of safeguarding life, property, and the environment - with an important role in product certification
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DRI
Direct reduced iron - a residual-free scrap substitute
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Eaf
Electric arc furnace - a furnace that melts (and thus recycles) steel scrap for the production of liquid steel using electrical power
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ECSC
European Coal and Steel Community - the original version of what is now known as the European Community. Founded by the Treaty of Paris in 1952, the ECSC was based on the principle of member nations s [..]
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ECX
European Climate Exchange - marketplace for trading carbon dioxide emissions
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EGL
Electrogalvanised - typically used to describe electrolytically zinc coated sheet steel
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EIA
Environmental impact assessment - an appraisal of the environmental impact of a project during both construction and operation phases, and of future compliance with relevant regulatory requirements
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