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.

ThyssenKrupp stops business with Iran

ThyssenKrupp AG has resolved with immediate effect not to enter into any new contracts with Iranian customers.

Bernard Fontana new CEO at Arcelor Mittal

ArcelorMittal has appointed Bernard Fontana as chief executive officer of its stainless division, which is being assessed for a potential spinoff.  

A wonderful family celebration

Twenty years in the CRA business is an occasion worth celebrating and Paul Meijering – at the head of the similarly-named company – really pushed the boat out to do just that in September!

Jinchuan interest in Nonoc nickel mines

China's Jinchuan Group Ltd has renewed its interest in investing as much as USD 1.5 billion in the rehabilitation of the Nonoc nickel mines in Surigao province of the Philippines. It is reported that the company would likewise pursue other mining

MacroAsia to operate Infanta nickel mine

MacroAsia Corporation has obtained a key government permit that brought the firm a step closer to reviving a nickel mine in Southern Palawan. The Department of Environment & Natural Resources has released its Environmental Compliance

Prestigious award for Antonio Marcegaglia

Antonio Marcegaglia, CEO of the Italy-based Marcegaglia group has received a prestigious award...

New ore deal with Orissa miners

Essar Steel has entered into deals with private iron ore miners from Orissa, including the Ahluwalia group and the Mesco group, for supplies over a 10 year period as the company seeks to buy mines overseas and apply for allotment of captive mines from

Utah Point’s first iron ore shipment

Emerging Australian iron ore miner Atlas Iron Ltd has shipped the first ore from the new Utah Point port facility, which was commissioned just recently.  The ore was produced at its two North Pilbara iron ore mines, Wodgina and Pardoo. 

Parker steel expands product line

Parker Steel has expanded its inventory to include Titanium round bar available in ASTM B348 ranges from 8mm to 30mm, as well as ASTM B265 Sheet in 1, 4, and 5mm thicknesses. All Titanium complies with DFAR qualified countries and is backed

Shell to sell stakes

Shell has announced that it intends to sell its stakes in four Brazilian offshore blocks, including a field in the vast deepwater subsalt region.  The company will sell its stakes in the BS-4, BM-S-8, BM-S-45 and BM-ES-28 blocks, which have investments