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.

AOSC to raise CAD 1.35 billion

On 30 March Athabasca Oil Sands Corp. (AOSC) announced that it will raise at least CAD 1.35 billion in Canada's biggest initial public offering (IPO) in years.

Aker Solutions signs service contract

Aker Solutions has signed a three-year contract with Petrobras for maintenance of subsea control systems supplied to the Brazilian national oil company.

Wind turbines to be built at Tornio site

Outokumpu will be participating in the implementation of a wind park in Tornio, Finland.

Mechel service name fraudulently used

Mechel OAO has warned about fraud operations possible through third parties’ illegally acting on behalf of its Mechel Service OOO sales subsidiary with no authorization for that.

Sandvik demonstrates capability at Tube 2010

Sandvik Materials Technology will be displaying a comprehensive range of tubular and bar products at Tube 2010, including its material grade introductions.

BC Iron awards contracts

BC Iron has awarded the first key construction and services contracts for the agine Iron Ore JV in Western Australia's East Pilbara.

Sandmeyer appoints sales representative

Sandmeyer Steel Co. has appointed Forgings, Flanges & Fittings (FFF) as the Company’s Representative Office and Sales Support Center in Australia.

Petrobras refinery upgrade program

Petroleo Brasileiro S.A. has turned to Sandvik’s Rotoform solidification technology to handle the increasing volumes of sulphur produced at its Brazil refineries.

Iron ore project in Guinea

A memorandum of understanding has been signed between Rio Tinto and Chinalco to form a joint venture that will develop and operate the Simandou iron ore project in Guinea.

NSSC to boost stainless sheet output

This March, Nippon Steel & Sumikin Stainless Steel Corp. (NSSC) will return to full production of stainless steel sheet for export to automakers in other parts of Asia for the first time since the first half of fiscal 2008.