Company News

Sumitomo Heavy Industries (SHI) will establish an overseas incorporated entity and construct a new plant in Brazil.

The Henan Jiyuan Iron & Steel Co Ltd has ordered a wire rod outlet from Siemens VAI Metals Technologies for its first imported rod mill that will produce higher quality steel grade products for the company.

BUTTING’s range of services has expanded to include mechanical processing, in addition to the production of longitudinally welded pipes and prefabrication.

Visa Steel and China-based Baosteel Resources plan to extend their partnership by setting up a 100,000tn/yr ferrochrome plant in Orissa, India.

Ogihara America Corp., a Thai Summit Group company, has been chosen as the winner of the 2010 Energy Saving Commercial Project of the Year presented by DTE Energy and The Engineering Society of Detroit.

The Indian government has announced that it has suspended the environmental clearance issued to Vedanta’s Sesa Goa Ltd for the Pirna iron ore mine project in North Goa.

SIPS and the Spanish Gual Stainless have signed a new Agreement for the Distribution of Flat Bar in Stainless Steel, produced hot rolled and cold rolled, for the all American market.

Lincoln Minerals has been awarded a PACE grant by the South Australian Government for proposed diamond core drilling on the company’s 100% owned Eurilla Project EL 3690 on the northeastern Eyre Peninsula.

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

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).