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.

Boeing funds Dalhousie project for aerospace

The Boeing Company is making an investment in Dalhousie University to support research and development projects that will strengthen the aerospace industry’s potential and competitiveness in Canada and across the globe.

NAEP, Fluor win USD 127 million project

NAEP, Fluor win USD 127 million project North American Energy Partners Inc.

POSCO halts production at BF No. 2

An explosion occurred on 19 August 2011, at the No. 2 blast furnace at POSCO's Gwangyang Steelworks.

Christopher Mapes, new C.O.O at LE

Lincoln Electric Holdings, Inc. (Lincoln Electric) has chosen Christopher L. Mapes as their new Chief Operating Officer, effective 1 September 2011. Currently a member of the Company’s Board of Directors, Mapes will retain his seat on the Board in addition to becoming a member of the Company's executive management team.

POSCO buys 24% stake in an IMFA unit

POSCO is going ahead with its ferrochrome JV plans with the IMFA Group, which is scheduled to operational by the end of the current quarter. POSCO will have a 24% stake for USD 5 million in a subsidiary of the Indian Metals & Ferro Alloys Limited

TISCO leaves CR stainless export prices

Taiyuan Iron & Steel Group will keep its export prices of 300 series cold rolled stainless steel unchanged as a result of the appreciating yuan. TISCO is currently offering a discount of USD 100 per tonne

Van Leeuwen acquires Teuling Staal

The Van Leeuwen Pipe and Tube Group has acquired Teuling Staal B.V. A specialist in the field of duplex and super duplex stainless steel materials, Teuling Staal is a leading supplier of duplex and super duplex stainless steel pipes, fittings, flanges and special products for the Oil and Gas

Ferrium® M54™ gets AMS 6516 specification

Ferrium® M54™, an ultra-high-strength, high-toughness steel designed by QuesTek Innovations LLC, has been issued Aerospace Material Specification 6516 by SAE International. The steel is also highly resistant to Stress Corrosion Cracking (SCC).

Jim Macki named MTI Fellow

The Materials Technology Institute has named Jim Macki an MTI Fellow. In 1979, Macki served on MTI’s Board of Directors and, after a hiatus from the organization, became an Associate Director in 1995. He retired from The Dow Chemical Company in 1995 after providing 27 years’ of service

Shell Global signs Iraq refinery deal

Shell Global Solutions International B.V. (Shell Global Solutions) has entered into an agreement with the South Refineries Company of Iraq, for the provision of technology licenses to a refinery in Basrah, Southern Iraq.