Lincoln Electric acquires Torchmate
Lincoln Electric Holdings, Inc. has acquired almost all of the assets of Applied Robotics, Inc., a leading manufacturer of CNC cutting tables and accessories in North America. Applied Robotics, referred to in the welding industry by its brand name, Torchmate, has headquarters and manufacturing facilities in Reno, Nevada.
TISCO leaves CR stainless export prices
Taiyuan Iron & Steel Group will keep its export prices of 300 series cold rolled stainless steel unchanged as a result of the appreciating yuan. TISCO is currently offering a discount of USD 100 per tonne
Vale South Africa to explore in Konso
Vale South Africa Exploration Limited, a subsidiary of Vale Inco Limited, has acquired an industrial mining exploration license in the Southern Regional State after depositing USD 1 million in a closed book account.
POSCO buys 24% stake in an IMFA unit
POSCO is going ahead with its ferrochrome JV plans with the IMFA Group, which is scheduled to operational by the end of the current quarter. POSCO will have a 24% stake for USD 5 million in a subsidiary of the Indian Metals & Ferro Alloys Limited
Stellar receives EIL enlistment certificate
Zhejiang Stellar Pipe Industry Co., Ltd (Stellar), a sub-company of Stellar Tube & Pipe Group Co., Ltd, has received the EIL enlistment certificate. Founded in November, 2006, Stellar began the EIL enlistment application from October, 2010
Can stainless steels be used for domestic water?
Well-known metallurgist Ko Buijs looks at the facts.