Company News

Baosteel Special Steel won the supply contract of the world's first 10-speed automatic gearbox steel being developed by a Chinese automobile group.

Autonomous Surface Vehicles (ASV) announced the company's plans to break into the North American Unmanned Marine Systems industry.

Mill Steel Company opened its operations in Jeffersonville, IN at the Port of Indiana-Jeffersonville. This 225,000ft2 investment will house two slitting lines in addition to a cut-to-length line, which will add to the company’s service capabilities.

Stock Services, a stockist and distributor of diverse stainless steel products, has announced it will take part in the upcoming four-day charity rally Scumrum from 8 - 12 May 2014.

BlueScope Steel Chairman Graham Kraehe announced the appointment of Rebecca Dee-Bradbury as a non-executive director, effective immediately.Dee-Bradbury has a background in strategic marketing and has held senior regional executive and CEO roles with businesses operating across Australia, New Zealand and Asia Pacific.

The Bosch group appointed Swedish company Ovako as the preferred supplier for 2014 in the material group Steel. The certificate is awarded to suppliers who are considered key partners for the future success of Bosch and who provide outstanding performance when it comes to manufacturing and delivering products or services – especially as regards quality, pricing, reliability, technology and ongoing improvements.

Swedish company Wilhelmsen Technical Solutions (WTS) signed an agreement to acquire 100% of the shares in Integrated Engineering Services (IES) based in Aberdeen, United Kingdom, strengthening its heating, ventilation and air conditioning (HVAC) offering to the offshore market. Wilhelmsen Technical Solutions is a major supplier and integrator of HVAC systems and services to the offshore and marine industries.

Rolls-Royce, the global power systems company, signed a GBP11M contract with Spanish shipyard Gondan for a wave-piercing offshore vessel to be delivered to Simon Møkster Shipping in Norway.The vessel is designed to pierce through the waves under harsh weather conditions, making it possible to keep a more constant speed, reduce the use of fuel and increase on-board safety.

Veritas Steel, a portfolio company of Atlas Holdings, hired Tracy Glende as the president and CEO. Glende brings over 20 years of global management experience, commercial, and operational expertise and a highly successful track record to Veritas.

The Essen-based consulting and engineering company DMT together with the EPC company McNally Bharat Engineering (MBE) from Kolkata, India, has designed, engineered, supplied, built and now put into operation a complete by-product plant for the cleaning of coke oven gas.