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.

FMDA approves INR 2,600 Cr development projects

The Faridabad Metropolitan Development Authority (FMDA) has approved development projects for drinking water and drainage

Outokumpu Appoints Kati ter Horst as New President and CEO

Outokumpu appoints Kati ter Horst as CEO, effective October 2024, to drive innovation and growth in sustainable stainless steel.

Meltio signs an OEM partnership with JMT and UMT

Meltio, Jupiter Machine Tool and UMT have entered into an OEM agreement for designing and selling Hybrid CNC Machines

Paralloy Group acquires Manoir and Hi-Tech Fabrication

Paralloy Group has acquired Manoir Industries and Hi-Tech Fabrication. Both companies design complex metal parts for the oil industry.

Alleima present carbon emissions data for solid bars

Alleima has calculated carbon emission data on their products, showing much lower emissions compared to world average.

Voss Group bids farewell to Thorsten Studemund

Mr Thorsten Studemund will be retiring as Managing Director of Voss Edelstahlhandel. Marc Steffen will join the management team.

Lara Kufferath appointed as CEO of GKD Group

GKD Group appointed Lara Kufferath as Chief Executive Officer (CEO). She has been a member of the Management Board since 2021.

Lesjӧfors Group launches spring industry game changer

The Lesjöfors Group has launched a new webshop for their wide range of springs, including stainless steel springs.

MRC Global signs agreement with ExxonMobil

MRC Global has signed an agreement to be primary provider of pipe, valves and fittings to ExxonMobile in North America

OMV Petrom invests ~EUR 750M at Petrobrazi

OMV Petrom will invest EUR 750M to transform the Petrobrazi refinery into the first sustainable fuels producer in the region