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ArcelorMittal Italia announced that Lucia Morselli is to become Chairman of the Board and CEO, effective immediately. She will replace Matthieu Jehl, the current Chairman, and CEO, who will take up new responsibilities within ArcelorMittal.

The use of additive manufacturing, or 3D printing, is gradually increasing in the oil and gas industry. Currently, accounting for less than 0.1% of the overall global manufacturing market, which is currently valued at USD 12.7 trillion, it is estimated that the 3D printing market will be worth USD 32bn by 2025 and over USD 60bn by 2030, says GlobalData.

Henkel continues to support its customers in the global metal coil industry with an extensive range of process solutions for lubrication, pickling, cleaning, pretreatment, passivation, and lamination.

Mitsubishi-Hitachi Metals Machinery (MHMM) – an MHI group company – and Siemens AG reached an agreement that MHMM will acquire Siemens’ 49% stake in Primetals Technologies.

MetalMiner has long been a hub for daily global metals market news coverage. The industrial metals research firm now has launched its MetalMiner Insights platform, uniquely combining historic and current metals pricing with its forecasting and data analysis capability, to help industrial buying organizations make better metals buying decisions.

TCI Precision Metals recently announced the installation of the new OMAX 80X waterjet machining center. The new machine is faster and more accurate compared to any abrasive jet waterjet in the industry, which will help TCI Precision Metals shorten customer lead times, provide greater cutting efficiency, and reduce prices for the waterjet cutting services.

Equinor and the Johan Sverdrup partnership consisting of Lundin Norway, Petoro, Aker BP and Total, started production from the giant field in the North Sea, and NOK 40 billion below the original estimates in the Plan for development and operation.

Sverdrup Steel announced a contract award for global frame agreement with Aker Solutions. Aker Solutions provide subsea production equipment, offshore field design, ranging from concept studies and front-end engineering to subsea production systems.

Vallourec’s Supervisory Board met recently under the chairmanship of Vivienne Cox to discuss the succession plan for the Management Board whose terms of office expire on 15 March 2020.

Hilco Industrial, in partnership with National Machinery Exchange Inc., have announced the sale of a well-maintained Stainless Steel Coil Grinding & Polishing Line from Excelsior Steel Processing LTD.