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.

MarShield announces new products

MarShield is pleased to announce a new line of precision machined and milled, straight or interlocking lead bricks. These bricks are available in standard or custom sizes.

CSN bids to acquire ThyssenKrupp’s plants

newsitemBrazilian steelmaker CSN has offered USD 3.8B to acquire ThyssenKrupp's Steel Americas division plants in Brazil and in the US.

ArcelorMittal showcases products at major construc

newsitemArcelorMittal has presented a raft of new, resource-efficient steel products for the construction sector, at the world’s leading trade show for architecture, materials and systems.

Change in EagleBurgmann management

Michael Stomberg, previous Senior Vice President and Head of Division Mechanical Seals, became the successor to Dr.

New EPC Offshore head of business development

Specialist oil and gas project management company EPC Offshore has appointment a new head of business development to expand the firm’s customer base across the North Sea and internationally.

Alcoa: aluminum demand to increase in 2013

newsitemUS-based aluminum giant Alcoa expects aluminum demand to increase 7% to 49.4Mt in 2013, up 1% from the 6% growth experienced in 2012, according to CEO Klaus Kleinfeld. The bump in global demand will be bolstered by an 11% expansion in demand from China, as well as strong growth from Brazil (3%), Russia (1%) and India (3%), Kleinfeld said during a conference call to discuss the company's financial results. The change in demand from North America and Europe should remain relatively similar to last year, with North America seeing a 4% increase in demand (equal to the 2012 growth figure) and European demand, which fell by 2% in 2012, declining by just 1% year-on-year in 2013. Globally, the company is looking at growth in all of its end markets this year, Kleinfeld said. As a result of the expected demand growth, Alcoa is projecting a 200,000t alumina deficit and a 535,000t aluminum surplus in 2013.

Geeta Agashe appointed as Senior VP in Kline’s tea

The New Year auspiciously rolled out with international consulting and research firm Kline & Company announcing the promotion of Geeta Agashe, a highly respected authority within the lubricants, base oils, and petroleum specialties market, to Senior Vice President of Petroleum & Energy on Kline Management Consulting team.

EnerMech to open a 2nd Norwegian base

Mechanical engineering company, EnerMech, is to open a second Norwegian base as part of a GBP 3 million investment to grow its Scandinavian business.

EnerMech weighs up African expansion

EnerMech Ltd has stepped up its presence in the African oil and gas sector with the GBP 3 million acquisition of heavy load testing company Water Weights International SA (Pty) Ltd.

ROVOP wins prestigious industry award

Rapidly-growing subsea specialist ROVOP has been recognised for its remarkable achievements in offshore renewables by winning the Business Growth award at last night’s Scottish Green Energy Awards.