Company News

O’Neal Industries, through its subsidiary United Performance Metals, Inc. (UPM) has acquired the assets of Vulcanium Metals, a leading stock/distributor and processor of titanium for aerospace and defense, medical instruments and other industrial applications based in Northbrook, Illinois.

voestalpine signed a supply agreement with Siemens Industry and its consortium partner, Midrex Technologies for the construction of its direct reduction plant on the La Quinta Trade Gateway in San Patricio County near Corpus Christi, Texas (USA).

ArcelorMittal is looking forward to the 2014 FIFA World Cup in Brazil when the world will get a chance to see how the company's steel products have been used for the tournament. More than half of the steel used for the infrastructure works related to the World Cup — including a variety of buildings from stadiums, to train stations, to giant aquariums — has been supplied by ArcelorMittal Brazil.

In June 2013, on their 10th anniversary, Divisione Trading changed their name to “SpecialSteelStock”, which a spokesperson for the company says “better identifies who they are and what they offer, and also reflects on the huge quantity of special materials held in stock.” The company has more than 2500 tons of special steels in stock, such as Duplex 31803, Super Duplex 32750 and 32760, Austenitic XM-19 and Super Austenitic 31254 and 904L.

Shaner Industries, a Pittsburgh-based company that specialises in the design, engineering and installation of its patented steel pipe finned foundations, introduced the MastFoundation & Rapid Installation System at Intersolar North America 2013 in San Francisco, CA. MastFoundation & Rapid Installation System is designed as a one-piece foundation solution that costs less than other types of foundations and requires less time, less materials, less manpower, less equipment and less fabrication.

The Nickel Institute has announced the appointment of Mr Tim Aiken as President. Aiken brings with him career-­‐long experience at Nickel Institute member company Anglo Platinum. “As a former Chair of the Board of the Nickel Institute, Tim brings a deep understanding of the nickel Industry and its stakeholders as well as the Institute's membership,” said Mr Glenn Kellow, Chairman, Nickel Institute.

Herkules, one of Norway’s leading private equity fund, has acquired a majority of the shares of oilfield technology specialist Petroleum Technology Company (PTC).

Outokumpu has signed a strategic partnership agreement with Sinopec Group on material development and deliveries of stainless steel.

SENER engineering and technology group has purchased the Brazilian engineering company EXEN, and now owns a 100% stake in the company.

Italfond S.p.A., a mill located in Bagnolo Mella (Northern Italy) specialised in the production of stainless steel and Nickel-based alloys, was certified as a Material Organization manufacturing ferrous and non-ferrous material - including approval and control of suppliers - in accordance with the applicable rules of the ASME Boiler and Pressure Vessel Code, Section III Division 1 and 3, which establishes the rules governing design, fabrication, and inspection of boilers & pressure vessels during manufacture and assembly. For further information, please visit the company website www.italfond.it or email Italfond S.p.A.