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.

CRA acquires mill manufacturing equipment from SXP

Corrosion Resistant Alloys, LLC (CRA) has announced the acquisition of mill manufacturing equipment from Schulz Xtruded Products (SXP)

UPM acquires Fabrisonic LLC

United Performance Metals (UPM) has announced the acquisition of Fabrisonic LLC, which specialises in metal fabrication and innovation

Amentum appoints Corhyn Parr as VP – International BD

Innovative tech solutions company Amentum has appointed Corhyn Parr as Vice President of International Business Development

STATS Group receives Offshore Achievement Award

Pipeline technology specialist STATS Group has been awarded the Offshore Achievement Award

Aperam and IFC develop sustainability in steel industry

IFC provides €250M financing package to support Aperam's decarbonization through sustainable charcoal production in Brazil.

Paralloy Group secures loan from the Teesside Fund

Paralloy Group secures first loan from £20m Teesside Flexible Investment Fund, employs 500+ in North East, 1,000+ globally.

TST Fabrication and Machine expand Norfolk headquarters

TST Fabrication, veteran-owned metal company, investing $3M to expand Norfolk HQ, creating 56 jobs with Virginia support.

Tsingshan provides nickel matte to Huayou and CNGR

Tsingshan to supply 100,000 tonnes of nickel matte to Huayou and CNGR for EV batteries, plans Indonesia expansion.

Ascent announces the sale of BRISMET to Ta Chen

Ascent Industries to sell BRISMET assets to Ta Chen for $45M, focusing on specialty chemicals and ASTI tubing business.

Robert Smith joins Sandmeyer as District Sales Manager

Robert E. Smith joins Sandmeyer Steel as Midwest District Sales Manager, bringing 30+ years of metals industry experience.