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.

ArcelorMittal, Nunavut extend deadline

ArcelorMittal has extended its USD 555 million offer to purchase all shares of Baffinland Iron Mines Corporation (Baffinland) until 11:59 p.m. on 21 January 2011, after its rival bidder Nunavut Iron Ore Acquisition Inc. (Nunavut Iron), sweetened and extended the deadline for its offer.

LE host pipeline welding seminar

Lincoln Electric will host a free pipeline welding seminar for contractors and professionals in the pipeline industry from 20 March to 31 March, 2011. Located at the company's Cleveland, Ohio, headquarters, the in-depth session will discuss the growing demand in energy markets

Capital increase for Kuma Stainless Tubes

Maruichi Steel has changed their corporate name and the capital increase of their affiliated company in India, Kuma Stainless Tubes Limited.

POSCO invest in stainless plant in Vietnam

POSCO will invest in a 200,000tns/yr cold rolled stainless steel plant in Vietnam. Commercial production will be available by February 2012.

YUSCO invests to boost stainless in China

Yieh United Steel Corporation will invest USD 211.7 million for the implementation of two significant projects including the construction of a ferronickel plant in Fujian and the expansion of stainless cold rolled capacity at its affiliate, Lianzhong Stainless Steel Corporation.

Tati Nickel to explore in Botswana

JSC MMC Norilsk Nickel’s subsidiary, Tati Nickel, has secured new exploration licenses in Botswana to increase the resource base of the Tati Nickel project.

Looking for technical partners in Qatar

Development company seeks qualified technical partner in Qatar.

Izhorskiye Zavody wins petrochemical equipment ten

Izhorskiye Zavody, a part of OMZ Group, has won an international tender from OAO TAIF-NK. The company will produce petrochemical equipment for the OAO TAIF-NK oil refinery in Tatarstan Republic, Nizhnekamsk.

ThyssenKrupp opens new facility

ThyssenKrupp Steel USA and ThyssenKrupp Stainless USA officially opened their new steelmaking and processing plant in southeastern USA.

BUTTING’s certification renewed

BUTTING’s DIN EN ISO 9001:2008 certification has been renewed. This certification is designed to test the quality management of a company, concentrating on process orientation, system oriented management and constant improvement.