Company News

A ceremonial launch of the main drive of Pellet Plant #3 at Mikhailovsky GOK, part of Metalloinvest, took place in the Kursk region.

ThyssenKrupp Steel Europe, the Fraunhofer Institute for Materials and Beam Technology IWS, and LIMO have initiated development work on a new laser technology that the partners will use to improve the properties of steel strip surfaces.

ABB, the power and automation technology group, won a contract worth more than USD 50M to supply the electrical system for commercial floating liquefied natural gas (FLNG) facilities to be owned by Malaysian oil and gas company PETRONAS.

Tata Steel reached a significant milestone in the transformation of its European steel portfolio with the launch of the hundredth new product in its revitalised new product development programme. Tata Steel revised its new product development activities in 2011 as part of its market differentiation strategy, which delivers innovative products and services to customers who are increasingly demanding advanced, high-tech steels.

JMC Steel Group, North America's independent steel pipe and tube manufacturer, announced the promotion of two executives: Jelani Rucker to vice president of marketing and business development and Jeff Shulman to vice president of logistics. Rucker has served as JMC's director of marketing and business development for over eight years.

The Board of Directors of General Steel Holding, a non-state-owned steel producer in China, has approved a strategic restructuring plan designed to accelerate the company's business transformation. The transformation includes implementing additional cost-cutting programs at Longmen Joint Venture, selling the company's stake in General Steel Special Steel Pipe Joint Venture Company (Pipe JV), and reconfiguring the company's steel manufacturing facilities and assets to facilitate expansion into logistics and Internet-of-Things businesses. During the fourth quarter of 2014, the company sold its stake in the Pipe JV.

Spanish company Tubacex, who specialize in the manufacture of stainless steel tubular solutions mainly for the oil & gas, petrochemical and power generation industries, has reached an agreement with Indian company PRAKASH STEELAGE to acquire 68% of its seamless stainless steel tube division, reinforcing the position of Tubacex in the fastest growing markets, especially Asia where the company plans to strengthen its presence with new commercial offices. Photo courtesy of Tubacex Group PRAKASH STEELAGE LIMITED is a leading manufacturer of stainless steel pipes and tubes in India also mainly oriented to oil & gas, petrochemical and power generation applications.

IPP Group are pleased to announce the appointment of Melody Robinson as Key Account Director, effective 9th February 2015. Melody has over ten years of European Commercial experience, working within manufacturing companies supplying into the Automotive Industry.

Abakan, an emerging company in the advanced coatings and metal formulations markets, announced several recent developments related to its PComP protective coatings.

The CEO of Corrotherm, Ms Jan Ward is one of 26 people in the Hampshire (UK) region to appear on the Queen’s New Year Honours list. Jan has been made a Commander of the Order of the British Empire (CBE) for her prominent role within the business community at an international, national and regional level.