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.

    Stainless steel unit

    Stainless Steel World Publisher -
    ArcelorMittal has annocuned plans to spin off its stainless steel unit to the parent's shareholders, signaling the failure of years of talks among producers aimed at consolidating an industry beset by over capacity and increasing costs.

    Sumitomo Financial Forecasts

    Stainless Steel World Publisher -
    Sumitomo Metal Industries Ltd has made the following notification regarding the financial forecasts for the 1st half of FY2010.

    Polysoude welding solution

    Stainless Steel World Publisher -
    France-based Polysoude has tailored a welding solution for a Russian supplier of pressure-vessels to bring in line the required productivity and security that the company desires.

    Tier 3 coal loaders for Narrabri Coal

    Stainless Steel World Publisher -
    Sandvik Mining and Construction has released two new Tier 3 compliant underground coal loaders, the 7tn LS171 and the 10tn LS191.

    Hi Cluster Mill

    Stainless Steel World Publisher -
    Tenova I2S has commissioned their new ZR23CN 26in 20 Hi Cluster Mill at Shanghai Qichang Stainless Steel in Shanghai, China.

    Iron ore JV

    Stainless Steel World Publisher -
    Indonesia-based Merukh Enterprises, owned by politician turned businessman Mr Jusuf Merukh, has formed a JV with India-based Salgaocar Mining Industries Pvt Ltd to develop two iron ore mines in Sumba Island in East Nusa Tenggara.

    Warsaw wastewater treatment plant

    Stainless Steel World Publisher -
    As part of the delivery for the first expansion stage of the Czajka wastewater treatment plant in Warsaw/Poland, BUTTING was given a new order to manufacture aeration panels to complete the plant.

    Heatherbrae gets a boost

    Stainless Steel World Publisher -
    Sandvik’s industrial development at Heatherbrae has received a USD 33 million boost and could employ up to 750 people when fully operational, according to plans that were recently put on public exhibition.

    Nickel market may swing into deficit

    Stainless Steel World Publisher -
    Sumitomo Metal Mining Co. has predicted that the nickel market may swing into a greater deficit than expected in 2010 because of supply disruptions and greater Chinese demand, which could boost prices.

    Corus to be re-branded

    Stainless Steel World Publisher -
    Scunthorpe has announced that its Corus steelworks will be re-branded under the Tata name in the autumn.
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