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.

Steel wire and steel cable buying guide

The B2B trade portal Worldwide Industrial now offers supply solutions for companies in the market for cabling and wiring solutions.

Absorption-type corporate split contract concluded

On 29 September 2009 Sumitomo Metal Micro Devices Inc. (SMMD), a subsidiary of Sumitomo Metal Industries Ltd, and Hokuriku Electric Industry Co. Ltd agreed to make a capital and business alliance for the electronic module business and to establish a new company (80% owned by Hokuriku Electric and 20% by Sumitomo Metals).

India: polysilicon and solar wafer manufacturing b

Lanco Solar will set up a polysilicon and solar wafer manufacturing base in Ramdaspur village near Cuttack district of Orissa in a notified SEZ.

BUTTING celebrates its 150th delivery

The manufacture of BUTTING’s longitudinally welded stainless steel pipes has formed the basis of the company’s product line.

Universal Stainless reports further recovery

Universal Stainless & Alloy Products Inc. has reported that sales for the first quarter of 2010 were USD 34.7 million compared with USD 42.2 million in the first quarter of 2009 and USD 26.7 million in the fourth quarter of 2009.

New 115 Year Limited Edition Viking™ Helmet

Commemorating Lincoln Electric’s 115th year in business, the company has released its 115 Year Limited Edition Viking™ helmet.

India: Tipaimukh Dam Project

State owned firms NHPC and SJVN have signed a memorandum of understanding with the Manipur government for the establishment of a joint venture company to execute the 1500MW Tipaimukh Dam Project.

Allied Fitting acquires

GulfStar Group has announced that Allied Fitting LP has acquired Warren Alloy Inc. GulfStar served as exclusive financial advisor to Warren throughout the transaction.

Mechel acquires Romanian metallurgical plant

Mechel OAO, a Russian-based mining and metals company, has announced the acquisition of the Laminorul Braila metallurgical plant located in Romania.

Spiral welded pipe mill in Spain

Borusan Mannesmann will install a spirally welded pipe mill in Hellin of SE of Spain, adjacent to Socotherm Espana pipe coating facilities.