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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.

    New apprentices at BUTTING

    Stainless Steel World Publisher -
    BUTTING welcomed a large number of new trainees, 31 young apprentices into the company at the end of July.

    LNG in short-sea shipping

    Stainless Steel World Publisher -
    According to DNV’s summer students, LNG could become the most feasible means of fuel in short sea shipping.

    New CEO for ArcelorMittal Kriviy Rih

    Stainless Steel World Publisher -
    ArcelorMittal has announced that it has appointed Mr Rinat Starkov as the new CEO of OJSC ArcelorMittal Kriviy Rih Mr Starkov replaces Mr Jean Jouet who has now left the company.

    Sumitomo to hike seamless pipe price

    Stainless Steel World Publisher -
    Sumitomo Metal Industries Ltd has announced plans to increase export prices from October as rising energy demand lifts sales for the pipes used to extract oil and gas.

    UAE: petrochemical project at Ruwais

    Stainless Steel World Publisher -
    Abu Dhabi plans to build new petrochemicals plants near an existing oil refinery at the Ruwais industrial area rather than at a port closer to the UAE capital.

    Malaysian stainless steel plant

    Stainless Steel World Publisher -
    Acerinox SA has announced that it is pumping in an extra USD 251 million for the second phase of its stainless steel production plant in Malaysia.

    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.
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