Company News

In this section you can find updates from suppliers, manufacturers, fabricators and stockists of stainless steel material. This company news section is updated regularly with the latest company news from within the global stainless steel world community. If you wish to include your news release on our website and email newsletter, please feel free to contact the editor.

OMS creates “ET Global Indian Leaders 2022” platform

Optimal Media Solutions (OMS) at the Times Group created a platform ‘ET GLOBAL INDIAN LEADERS’ to identify, encourage and recognize the excellence of the global Indian leaders.

Outokumpu improve its energy efficiency in 2023 & 2024

Outokumpu has decided to significantly increase its energy efficiency improvement target and prioritize related investments in 2023 and 2024.

Shri V R K Gupta named as Chairman and MD of BPCL

Shri Vetsa Rama Krishna Gupta has taken over the additional charge of Chairman and Managing Director of Bharat Petroleum Corporation Limited (BPCL).

Coterra announces management changes

Coterra Energy Inc. (Coterra) has appointed Thomas E. Jorden as Chairman of the Board and Robert Boswell as Lead Independent Director.

Tietoevry and Aker BP’s sign long-term partnership

Norwegian oil exploration and production (E&P) company Aker BP and Tietoevry enter into a new long-term partnership to deliver on Aker BP’s high ambitions for digitalized operations.

TUBACEX presents first 9 months of 2022 results to CNMV

TUBACEX has presented its results for the first nine months of 2022 to the CNMV recently, in which the company’s recovery is consolidated.

Stainless steel production 29.0 MMT in 2022

The International Stainless Steel Forum (ISSF) has released figures for the first half year of 2022 showing that stainless steel melt shop production decreased by 3.5% year-on-year to 29.0 million metric tons.

POSCO Group CEO elected as chairman of worldsteel

POSCO Group CEO, Jeong-woo Choi was elected as the 44th chairman of worldsteel at the annual general meeting held in Brussels, Belgium.

Evolution appoints Kelly Loyd as President and CEO

Evolution Petroleum (Evolution) announced that the Board of Directors has selected Kelly Loyd as President and Chief Executive Officer.

Global stainless steel consumption – positive in 2023

During the course of the world stainless October meetings, the Economics & Statistics Committee meeting came together in its 55th session on October 17th, 2022 where participants reviewed stainless steel consumption prospects.