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.

Xstrata to launch Koniambo nickel plant

Xstrata is on schedule to open its Koniambo nickel plant located in the French Pacific territory of New Caledonia for 2012.

WISCO developing in Canada and Cameroon

WISCO has signed an agreement with Canadian miner, Adriana Resources Inc. to jointly develop the LacOtelnuk iron ore program in Quebec, Canada. The mine has a total reserve of 6 billion mt of magnetic concentrate with 30% iron content.

Insteel acquires Ivy Steel & Wire assets

Insteel Wire Products Company, a wholly owned subsidiary of Insteel Industries, purchased certain assets of Ivy Steel & Wire Inc. for USD 51.1 million.

Teufelberger rope used in miners rescue

Teufelberger wire rope was used in the rescue of the 33 Chilean miners trapped in the San Jose mine in Chile.

SAIL’s iron ore mines approved

India's ministry of environment and forests gave Steel Authority of India Ltd (SAIL) environment clearance for the Greenfield iron ore mine.

Caterpillar to buyout Bucyrus

Caterpillar plans to buyout Bucyrus International, a manufacturer of surface mining equipment, for USD 7.6 billion.

Queensland gives 10 million in Xmas bonuses

Over 800 employees of Queensland Nickel received AUD 10 million worth of Christmas bonuses from their boss, Mr. Clive Palmer.

How to avoid mussel damage

Mr Harald Barth gives some pointers on why filters are so essential offshore.

Adani to double plant capacity

Adani Power will double the power capacity at its Mundra plant to 2000MW by December 2010.

Construction on pipeline to commence

Construction of the oil pipe production line in Karamay, northwestern China will begin early 2011.