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.

Gamesa, Chinese partners take on wind projects

Gamesa will team up with two Chinese partners to develop two 300MW projects. The first will be in the Jilin Province with Guangdong Nuclear. This wind farm will use wind turbines created by Gamesa’s Jilin factory.

Lucefin acquires KSM

Trafilix SpA has taken over KSM SAMA DE GmbH from Sama Inox Group. Established in 1979, KSM is located in Empfingen, south of Stuttgart in the southern German region of Baden-Württemberg.

New subsidiary to meet offshore challenges

Vallourec has announced the creation of a new subsidiary, Vallourec Umbilicals, to keep pace with the growing requirements of the offshore oil-fields’ exploitation.

Iron Ore of Canada invests CAD 289 million

Iron Ore of Canada will invest CAD 289 million as it resumes the second phase of its expansion plans to boost iron ore production in Labrador. The concentrate expansion program was suspended in 2008 as a result of the global financial crisis.

ArcelorMittal appoints Simon Wandke as CCO

ArcelorMittal has appointed Simon Wandke as the new Chief Commercial Officer of Marketing and Sales for its Mining division and a Vice-president of the company. Wandke will report to Peter Kukielski, Head of Mining and member of the Group Management Board.

Nippon, Sumitomo Metal merging

Nippon Steel Corp and Sumitomo Metal Industries intend to merge and create the world's second-largest steelmaker.

L&N appoints two directors

L&N Scotland (L&N) has appointed Craig Finnie as Operations Director and Mike McArtney as Business Development Director. For the past 9 years Finnie has been a part of the L&N team, most recently as operations manager. In his new role, he will be responsible for all operational matters.

Nitty-Gritty appoints Mesiter as UK agent

Italian stainless steel weld cleaning equipment manufacturer Nitty-Gritty has appointed Meister Abrasives UK (Meister) as their UK agent. As per the agreement, Meister will be responsible for the sale of Nitty-Gritty’s cost-effective product range in the UK.

ArcelorMittal makes changes to its board of direct

Francois Pinault will step down from his position as a member of the board of directors as approved at ArcelorMittal's Extraordinary General Meeting of Shareholders.

MacDougall retires from Continental Nickel

Craig S. MacDougall has advised the board of directors at Continental Nickel Limited that he will resign from his position as the president, CEO and director. MacDougall was instrumental in the founding of Continental Nickel in 2006; he completed the initial public offering and listing in 2007, and led the Company from that time.