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.

Tat-Hean Gan joins AIRTO Board as a Member Director

TWI’s Director of Innovation and Skills, Tat-Hean Gan has been appointed to the AIRTO Board as a Member Director.

Independent directors gain a majority on NLMK Board

The newly elected Board of Directors of NLMK Group held its first meeting after the Annual General Shareholders’ Meeting. Vladimir Lisin was re-elected Chairman of the Board. Oleg Bagrin was elected Deputy Chairman of the Board.

IMOA appoints Eva Model as Secretary-General

The International Molybdenum Association (IMOA) announced today that Eva Model has been appointed as its next Secretary-General, effective September 1, 2021. She will succeed Tim Outteridge, who announced his retirement in September 2020.

ABB Ability™ Service for cold rolling mills

ABB has launched its new ABB Ability™ Performance Optimization Service for cold rolling mills, offering steel, aluminum, and other metals manufacturers opportunities to reach new levels of operational performance through technology, boosting their processes and profitability. 

Boeing releases positive commercial market outlook

Boeing has now released its commercial market outlook to 2039, detailing a near-term focus on fleet renewal and a long-term focus on fleet versatility and growth. 

LIBERTY signs an MoU with Paul Wurth and SHS

LIBERTY Steel Group has signed a Memorandum of Understanding (MoU) with Paul Wurth and Stahl-Holding-Saar (SHS) to assess the building and operating of an industrial-sized, hydrogen-based steel making plant at Dunkerque in France. 

Tatyana Averchenkova appointed NLMK Lipetsk Managing Director

NLMK Group, a global steel company, is pleased to announce the appointment of Tatyana Averchenkova to the position of NLMK Lipetsk Managing Director. Prior to the appointment, Tatyana served as NLMK Group Vice President for Operational Efficiency.

EU stainless buyers face shortages as prices surge

European stainless steel producers have raised their prices for 300 and 400 series hot and cold rolled coil multiple times throughout December and January. Buyers complain of offers being made by suppliers and withdrawn soon afterwards. 

KMF address the importance of handling stainless steel

KMF is recommending that customers take note of not only what steel specification is used in their products, but critically how that material is handled and processed. 

Acerinox receives the ABB Ability Digital Award

The 'Autonomous Logistics' project of Acerinox Europa, through which driver-less electric vehicles have started to function in the factory, received the ABB Ability Digital...