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.