Company News

ArcelorMittal Ostrava has simplified its corporate structure and streamlined its internal processes, through a merger with its subsidiary, ArcelorMittal Frýdek-Místek – a cold rolling mill that mainly produces electrical steels.

Minnesota Governor Mark Dayton, Iron Range Resources & Rehabilitation Board Commissioner Tony Sertich and Minnesota DNR Commissioner Tom Landwehr visited Essar Steel Minnesota LLC (ESML) as the company ramps up work on its 7 million ton iron-ore mining, crushing and pelletization project.

MMFX Steel Corporation has appointed Richard St. Martin as its new regional sales manager for Eastern Canada. St.

Vestas has received an order from Hanas for a total capacity of 50MW. This is the fourth order from Hanas in 2014.

Fluor Corporation, in a joint venture with Technip, was awarded an engineering, procurement and construction management contract by PRPC Utilities and Facilities for the PETRONAS Refinery and Petrochemical Integrated Development (RAPID) project located in Pengerang, Johor, Malaysia.

Nordex SE has received an order to supply and install the Haut Plateau Picard wind farm. This project consists of eleven turbines from the N100/2500 series, which Nordex will install in spring 2015.

Freudenberg-NOK Sealing Technologies’ (Freudenberg-NOK) diverse portfolio of customers and products has allowed it to cross-fertilize industries by developing a new automotive use from traditional aerospace materials.

OAO Severstal implemented a new SAP-based CRM system in cooperation with management and technology consultancy BearingPoint.

General Steel Holdings, a non-state-owned steel producer in China, signed a memorandum of understanding (MOU) with Tewoo Group, a Fortune Global 500 company, to co-develop bulk commodity e-commerce business.The MOU establishes a long-term strategic partnership to mutually pursue business opportunities in bulk commodity e-commerce, asset leasing, and financing.

International energy consultancy Xodus Group launched a global subsea engineering company in partnership with oil and gas contractor Saipem and mid and downstream oil and gas giant Chiyoda Corporation.The new organisation plans to challenge the largest tier-one subsea engineering companies for a share of the global market.