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.

Swagelok offers new solutions

Swagelok Company has introduced two new options for its M200 power supply, both designed to improve weld consistency and quality. 

LE equipment featured in The Green Hornet

Lincoln Electric has made a big screen appearance in The Green Hornet. The company’s POWER MIG® 140C, Precision TIG® 225 welders, assorted welding helmets, gloves and accessories are displayed on the set of the lab run by the Green Hornet’s sidekick, Kato.

Powers new CFO of Niska

Niska Gas Storage Partners LLC has appointed Vance E. Powers as Chief Financial Officer, effective 1 January 2011. Powers succeeds Darin T. Olson, who will continue on as Vice President of Finance.

KSSC to build new facilities

K SENG Seng Corporation (KSSC) will build new facilities to process and sell a new line of stainless steel tubes and pipes for the Southeast Asian market, particularly the  Philippine's automotive industry.

Mindoro retains Foronda as nickel consultant

Mindoro Resources Limited has retained Jake Foronda, on a consulting basis, for the company’s Agata Nickel Laterite Project in the Philippines, leading up to commencement of a pre feasibility study.

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.