Company News

Outokumpu has completed the transaction regarding “fischer Mexicana S.A. DE C.V.” that was announced on September 30, 2015.

TUBACEX Group, Spanish manufacturer of stainless steel and high-alloyed seamless tubes, and the European Investment Bank, EIB, have signed a loan agreement for EUR 65M to promote the company's R&D&I activities. It is the first loan received by TUBACEX from the EIB and represents important support to the Group's commitment to the development of tubular solutions that provide an added value for customers.

Fine Tubes and Superior Tube Company had promoted their oil and gas tubing range at the recent OTC Brasil, one of the world’s foremost events for the development of offshore resources in the fields of drilling, exploration and production.

The successful operation of Metal Ravne, a member of the SIJ Group, is based on constant investment in development, technology and production. In recent months the company saw the completion of two important investments in the Steel Division, namely the modernization of the 45-tonne ultra-high power electric arc furnace (EOP/UHP – ultra high power) and the new 45-tonne vacuum ladle furnace (LD VD/VOD – ladle furnace and vacuum degassing/vacuum oxygen decarburization).

Nippon Steel & Sumitomo Metal Corporation has established a new company, Nippon Steel & Sumikin Cold Heading Wire (Suzhou) Co., Ltd.

CENTRAVIS, global supplier of high-quality seamless stainless tubes & pipes, has received conditional approval from Southern Company for supply of stainless tubing for pressure part fabrication.

Norsk Titanium AS has declared that the company has achieved Technology Readiness Level Eight (TRL 8) by concluding a test plan coordinated through the Federal Aviation Administration.

North American Stainless (NAS), U.S. subsidiary of Acerinox, S.A. has been awarded the contract to supply stainless steel reinforcement bars for the new Champlain Bridge that will span the St.

Sandvik has appointed Lars Engström as the President of Sandvik Mining. He will be included as a new member of Sandvik’s Group Executive Management. Lars Engström, previous President and CEO of the air treatment solutions company Munters, has an extensive industrial background with over a decade’s experience in the mining and construction industry.

Two-strand continuous slab casters from Primetals Technologies went into operation in September at Baosteel Zhanjiang, a subsidiary company of the Chinese corporation Baoshan Iron and Steel Co Ltd.