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Titanium Industries’ corporate office, formerly located in Morristown, New Jersey, USA, has relocated to its main warehouse location in Parsippany, New Jersey.

Reliance Steel & Aluminum Co. completed the previously announced acquisition of the assets of a Metals USA Inc. business, Metals USA Specialty Metals Northwest, Inc., after final approval of the US Bankruptcy Court, in connection with Metals USA's bankruptcy filing.

AvestaPolarit Stainless Oy has awarded ABB a contract for the supply of MeasureIT Surface Imaging for its plant in Tornio, Finland.

Plans for a USD 2 billion export refinery with capacity of 224,000 bpd have been approved by the government of Trinidad and Tobago.

In March 2002 Pervouralsky Novotrubny Works incorporated a new marketing company, Tirus Stainless, as an exclusive distributing agent in stainless steel tubes and pipes.

Sandvik will make a public offer to the other shareholders in Walter AG (Germany) to acquire all the outstanding shares in the company at a price of EUR 32.50 per share.

AvestaPolarit has confirmed that it has been involved in discussions with Mr Carl Bennet regarding the possibility of continuing business operations at the melting shop in Degerfors after production at the facility is discontinued next year.

Carpenter Technology Corp. has announced that Marillyn A. Hewson, senior vice president for Corporate Shared Services at Lockheed Martin Corporation, has been elected to the engineered materials company's board of directors.

Lone Star Technologies Inc. has entered into a definitive agreement with Wheeling Machine Products, Inc. and Wheeling Machine Products of Texas, Inc., collectively one of the largest domestic suppliers of couplings used to connect individual sections of oilfield casing and tubing, to acquire Wheeling's production assets for USD 21.2 million in cash.

Iran's Ministry of Oil has stressed that Iran will continue its buy-back contracts to develop its oil and gas fields.