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.

Hardide Coatings invests in US production plant

Hardide Coatings, the United Kingdom-based provider of advanced surface coating technology, announced investment in a new Virginia manufacturing plant worth circa USD 7M.

Pat O’Bryan promoted to CEO of Fidelity

MDU Resources Group announced that Pat O’Bryan will take over as the CEO of its Fidelity Exploration & Production Company, effective 1 March.

ArcelorMittal Liberia is company of the year 2014

newsitemArcelorMittal has been named Liberia’s company of the year by Global News Network (GNN) Liberia in its 'Who’s Who 2014' ranking. The company was more specifically recognised for 'drastically [impacting] the lives of thousands of Liberians through employment and its endless provision of scholarships'. In a statement, GNN Liberia highlighted how the company’s significant investment in Liberia’s mining and transport infrastructure is helping the country to rebuild its economy after years of civil war.

TMK, RUSNANO expand high-tech pipe production

TMK, producers of tubular products, and state-owned RUSNANO Corporation are running a joint project at TMK’s Seversky pipe plant to expand the production of high-tech pipe with improved performance for the oil and gas industry.

Esmark strategic partner for Železara Smederevo

newsitemJames P. Bouchard, chairperson and CEO of Esmark Europe, the European investment vehicle of Esmark, announced that it has been selected as the winning bidder in the privatisation process for Železara Smederevo Steel Works by the Republic of Serbia. Esmark Europe will now begin the process of finalising the strategic partnership agreement with the Republic of Serbia to take a controlling 80.1% stake in Železara Smederevo.

Severstal certified to ship rebar to Scandinavia

Severstal received the SFS1268 certificate permitting the Company to make shipments of rebar to Finland and other Baltic countries, where there is high demand for these steel products. To date, Severstal has received certification for 10mm, 12mm and 16mm diameter rebar produced at the Cherepovets steel mill’s mill 250 (part of Severstal’s Russian Steel division).

Tenaris recognised as a top supplier in Colombia

A Colombian energy company has recognised Tenaris as one of the best supplier to work with in the hydrocarbon sector.

Mechel increases coal supplies to Baosteel

Mechel OAO, Russian mining and metals company, signed a memorandum of understanding with China’s steelmaking major Baosteel Resources Corporation, for an increase of coal supplies to 1.4Mt of coking coal a year. According to the memorandum, Mechel will supply Baosteel Resources with up to 1.4Mt of coking coal.

Gamesa signs two new contracts in China

newsitemGamesa has signed two new contracts in China, one to supply 50MW to Hebei Construction & Investment Group (HCIG) and another to supply 42MW to the Chinese wind farm developer UPC.The scope of the agreement with HCIG encompasses the supply, installation and commissioning of 25 of Gamesa's G97-2.0MW turbines, at the Nandianziliang wind complex located in the province of Shanxi, in northern China.

ALTANA acquires 2 companies in Brazil

Specialty chemicals group ALTANA has acquired two companies in Brazil. As a result, the ACTEGA division now has its own sites in South America's largest country.