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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 newsrelease on our website and email newsletter, please feel free to contact Joanne McIntyre.

Global production of molybdenum falls, usage is static

International Molybdenum Association (IMOA) shows that global production of molybdenum fell by 1% to 142.4million pounds (mlbs) in Q3 2022, whereas global usage of...

Outokumpu completed the divestment to Marcegaglia

Outokumpu has currently completed the divestment of the majority of its Long Products business to Marcegaglia. The transaction was carried out as a share...

Joseph C. Paparone replaces Mr Rudolph at Electralloy

Electralloy announced that Tracy T. Rudolph, the company’s President and COO, will retire effective May 6, 2023. Joseph C. Paparone II, current Electralloy CFO,...

Mr Sushil Baveja joins Jindal Stainless as CHRO

Jindal Stainless appointed Mr Sushil Baveja as its new Chief Human Resources Officer (CHRO). Mr Baveja comes with an experience of over three decades...

GKN extend its partnership with ArianeGroup on Ariane 6

GKN Aerospace has signed a contract with ArianeGroup to supply the next phase of Ariane 6 turbines and Vulcain nozzles. The contract includes the...

Continuum increases production of recycled AM materials

Continuum has received USD 36M funding to accelerate its production of recycled commercial metal powder to meet growing customer demand for sustainable materials in...

New Contract Win for Deepsea Yantai

Odfjell Drilling Ltd (Odfjell Drilling) is pleased to announce that on behalf of CIMC OFFSHORE AS, the Company has agreed a contract with PGNiG...

Regas Terminal awards RM 230m EPCC contract to KAB

Engineering and energy solutions provider Kejuruteraan Asastera Berhad (KAB) through its wholly owned subsidiary KAB Energy Holdings Sdn Bhd (KABEH) secured a Letter of...

Maire Tecnimont awarded EPC petrochemical contract

Maire Tecnimont S.p.A. announces that its subsidiary Tecnimont S.p.A. has been awarded an EPC (Engineering, Procurement e Construction) Lump Sum contract relating to the...

MIDHANI set up a Wide Plate Mill at its Hyderabad Plant

MIDHANI’s Wide Plate Mill has been set up at its existing Hyderabad Plant. MIDHANI is a modern metallurgical plant in the world manufacturing a wide...