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.

Lake Giles iron ore project

Macarthur Minerals Ltd has secured the services of a number of consultants and employees for their Lake Giles iron ore project in Western Australia. As the Company transitions from exploration to early stage development of the iron ore at its Lake Giles

Centaurus to raise money for iron ore projects

Centaurus Metals Ltd will raise up to USD 18 million to accelerate growth at its Brazilian Iron Ore Projects. The funds will be raised through a USD 14.4 million share placement at 7.5 cents per share to international and domestic clients of Joint Lead

Antonio Marcegaglia awarded

Antonio Marcegaglia, CEO of the Italy-based Marcegaglia group has been awarded Stainless Steel Executive of the Year 2010. A panel of experts in the sector together with Steel & Metals Market Research, prestigious consulting company specialized in the specialty steel

New iron ore prospect at Jungle Dam

Southern Uranium Ltd has located new high grade iron outcrops that further advance the iron ore prospects of the company’s Jungle Dam project on the Eyre Peninsula of South Australia. New prospecting, detailed magnetic surveying and a revised

Behind The News: Gearing up to Duplex World 2010

By road, it is almost 800 kilometres from Schio – the Italian home town of duplex stockist Divisione Trading – and the French city of Beaune, which is hosting the Duplex World 2010 Conference & Exhibition.

New stainless steel facility

Taiwan-based Formosa Plastics Group (FPG) plans to add a 720,000mt stainless steel production line to its facilities at Zhangzhou in Fujian Province in China. Added to its existing production line built in 2007, the output will exceed that of the largest

North Sea gas field found

France-based GDF Suez announced that it discovered a large gas field in the Dutch North Sea on 2 September. The gas discovery was made at a depth of 5450m in an area approximately 100km north of Den Helder. The field produced 1.2 million cum of

TÜV Nederland certifies XSPlatforms

XSPlatforms was certified by TÜV Nederland, part of the TÜV NORD Group in July 2010. XSPlatforms was previously certified to the NEN-EN-ISO 9001/2000 standard, which has been replaced by the NEN-EN-ISO 9001/2008 standard. The

South African mill faces labor strike

Spain-based Acerinox SA’s stainless steel mill in Africa is facing a strike over pay after two South African labor unions rejected the company’s latest wage offer. Workers at Columbus Stainless Pty Ltd, based in South Africa’s Mpumalanga province, are set to

Assmang appoints Sumitomo

Assmang Ltd, which is one of major mining companies in South Africa and which has Ore & Metal Co. Ltd, a subsidiary of Assore Ltd, as their worldwide agent for sales, which in turn has now appointed Sumitomo Corp. as the agent for sales of manganese