Company News

Outokumpu has signed an agreement with F.E.R. Fischer Edelstahlrohre regarding fischer Mexicana S.A. DE C.V, the joint venture between these two companies, whereupon Outokumpu will divest to Fischer its 50% stake in the joint venture for USD 63 M.

North American Nickel has appointed Mr. Christopher Messina as a Director to the Board of the Company and Mr. Mark Thompson has joined the Company's Advisory Board. Mr.

SCHMOLZ + BICKENBACH AG has appointed a new Head of Investor Relations & Corporate Communications. Ulrich Steiner took over as Head of Investor Relations & Corporate Communications of SCHMOLZ + BICKENBACH Ltd on 1 November, succeeding Stefanie Steiner.

Nucor Corporation declared that Nucor-Yamato Steel Company (NYS), a joint venture between Nucor and Yamato Kogyo Co.

NanoSteel®, a specialist in Nano-structured steel materials design introduces the company’s first powders designed for the binder jet 3D printing process and its initial commercial application in AM (additive manufacturing).

The SIJ Group has united the competencies of its Development Departments in Acroni, Metal Ravne and Elektrode with the knowledge of the Institute of Metals and Technology (IMT) and the Department of Materials and Metallurgy (OMM) at the Faculty of Natural Sciences and Engineering (NTF).

Norsk Titanium AS (NTi), an aerospace-grade titanium components manufacturer, states that Chip Yates has joined the leadership team as Vice President of Marketing.

The independent engineering consulting company of RINA Group, D’Appolonia is headquartered in Italy and has recently strengthened its expertise in the marine offshore oil and gas sector by acquiring a majority stake in SeaTech Srl. SeaTech gives analysis, design services and also manages projects for offshore pipelines, subsea systems and structures, met-ocean monitoring systems and provides engineering supervision services on site.

POSCO, a multinational steel-making company headquartered in Pohang, South Korea, signed a memorandum of understanding with Geumgang, a South Korean manufacturer of stainless steel water tanks and water pipes, on co-development and structure analysis of stainless steel water tanks for large-scale water reservoirs. Photo courtesy of POSCO The existing large-scale water reservoirs are made of concrete, causing problems such as water leakage due to cracks and an unsanitary water supply environment.

CENTRAVIS, a global supplier of business solutions in the segment of seamless stainless tubes & pipes, has been certified and included on the approved manufacturers list (AML) of Alstom – a global producer of railway transport and power equipment. The French engineering company manufactures railway locomotives, various trains, trams, power equipment, and electrostatic precipitators for industrial production, and is possibly most well-known for its TGV and AGV series of high-speed trains. "While CENTRAVIS is already working with a number of companies in the energy, construction, and oil & gas spheres, our inclusion to Alstom’s purchase system is a very important step for the Company’s promotion in the European market,” says Head of Centravis Strategic Marketing Unit, Peter Gorban.