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.

TotalEnergies signs an MOU with Novatek

TotalEnergies and Novatek have signed a Memorandum of Understanding (MoU) to jointly work on sustainable reductions of the CO₂ emission

Stainless steel production increases by 24.7% – 14.5 million

The International Stainless Steel Forum (ISSF) has released figures for the first three months of 2021.

Xiris releases 360° Scratch Inspection System

Xiris Automation Inc. has recently announced the development of the WI-2200-360° Scratch Inspection System, for tube and pipe manufacturing.

ArcelorMittal invest through its XCarb innovation fund

ArcelorMittal announced the completion of its first XCarb™ innovation fund investment since launching the initiative in March 2021.

Maass Global divests its flange operations to AFG

The Maass Global Group announced that it has divested its US, Canadian and Mexican flange-related operations to AFG Holdings, Inc.

Tamara Weinert as President of Business Area Americas

Tamara Weinert has been appointed as President of Business Area Americas with immediate effect.

Robert S. Wetherbee becomes ATI’s Board Chair

Robert S. Wetherbee becomes ATI’s Board Chair

DNV awards ICT an AiP for its new containment system

DNV has awarded IC Technology (ICT) an approval in principle (AiP) for its new liquid hydrogen membrane type containment system.

Subsea Integration Alliance expects award from Equinor

Subsea 7 announced that Subsea Integration Alliance anticipates final confirmation of a major contract award by Equinor in the near future.

Steel Dynamics names Millett as Chairman of the Board

Steel Dynamics, Inc. announced that Mark D. Millett, a Company founder and its President and Chief Executive Officer, will also serve as the Chairman of the Board, effective immediately.