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.

Hatch iron ore project

Magnitogorsk Iron & Steel contracted Hatch Engineering & Consulting to conduct pre-project development of the Prioskolskoye iron ore field.

Atescelik invests in wind towers

Atescelik will invest TRL 30 million for the construction of wind turbine towers in the western province of Izmir.

Nexans wins umbilicals contract

BP Exploration Operating Company Ltd of Aberdeen awarded Nexans a EUR 14 million contract to deliver a subsea umbilical system for the Devenick gas field in the North Sea.

Exploration wells advancing quickly

An update was given by Lane Energy Poland and Schlumberger regarding the first exploration shale gas well designed to evaluate the shales in the Baltic Basin of Northern Poland.

BP Venezuelan interests

BP is selling its upstream businesses and associated interests in Venezuela and Vietnam to TNK-BP for USD 1.8 billion in a cash only deal.

Tig or plasma seam welding

Mechanised and orbital welding company Polysoude of France has tailored a welding solution for a Russian company to bring safe, quality production practices together with short delivery schedules while keeping costs under control.

Casanova heads engineering

SENER’s new head of engineering and construction area is Guido Casanova, a naval engineer graduate from the University of Sao Paolo and previous business manager for the Brazilian divisions of Pirelli Cabos S.A. and Pirelli Cables in Mexico.

LKAB applies for test permit

Sweden-based LKAB has applied for a permit from the County Administrative Board of Norrbotten, Sweden, to start test mining an iron ore body of 300,000mt in Mertainen, near Svappavaara.

Niger Uranium invests in Nickel

Niger Uranium Limited will invest ZAR 25 million for nickel exploration in South Africa and Zimbabwe in order to garner substantial, low grade but lucrative, open-pittable sulphide nickel mineralization.

Sandmeyer now certified nuclear

The American Society of Mechanical Engineers has awarded Sandmeyer Steel Company a Quality System Certificate for Nuclear Material Organizations.