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.

    Stainless steel production 62.6 MMT in 2024

    Stainless Steel World Publisher -
    Stainless steel production has increased by 7% year-on-year to 62.6 million metric tonnes in 2024, according to World Stainless Association.

    Kemppi’s turnover for 2024 reached EUR 159.0M

    Stainless Steel World Publisher -
    Arc Welding equipment and software manufacturer Kemppi Oy reported a turnover of EUR 159M over 2024, with a profit of EUR 15M

    BUMAX appoints Astra as South Africa distributor

    Stainless Steel World Publisher -
    Swedish premium fastener manufacturer BUMAX AB has appointed Astra Industrial Innovations as its first distribution partner in South Africa.

    Johanna Kreft to leave Alleima

    Stainless Steel World Publisher -
    Johanna Kreft, Executive Vice President and General Counsel of Alleima, has decided to leave the company

    Coolbrook signs a strategic partnership with Tenova

    Stainless Steel World Publisher -
    Coolbrook and Tenova have announced a strategic partnership on the development of Coolbrook’s RotoDynamic Heater technology

    Jindal set up stainless steel plant in Maharashtra

    Stainless Steel World Publisher -
    Jindal Stainless is planning to invest ₹40,000 crore to establish a stainless steel manufacturing plant in Maharashtra

    Global molybdenum production and usage rises in 2024

    Stainless Steel World Publisher -
    Global production of molybdenum was at 639.7 million pounds (mlbs) in 2024, a rise of 2% from 625.4 mlbs in 2023

    Viega North America appoints Todd Schwarzenbach as CCO

    Stainless Steel World Publisher -
    Viega North America has appointed Todd Schwarzenbach as the Chief Customer Officer.

    Tubacex appoints Josu Imaz as its CEO

    Stainless Steel World Publisher -
    The Board of Directors of Tubacex Group has appointed Josu Imaz as its Chief Executive Officer (CEO).

    Outokumpu receives Platinum rating from EcoVadis

    Stainless Steel World Publisher -
    Outokumpu has received Platinum level recognition from the sustainability rating platform EcoVadis.
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