UEC announces name change
USX Engineers and Consultants Inc. (UEC), a subsidiary of United States Steel Corp., has changed its name to UEC Technologies LLC.
Spin-off in Australian Steel
After 87 years in steel making, BHP Billiton, Australia's largest industrial company, is leaving the industry to concentrate on mining, energy and minerals processing.
Carpenter Technology names President and COO
Carpenter Technology Corp. has announced that Robert J. Torcolini has been elected President and Chief Operating Officer, effective 1 July.
Corus sells stake in AvestaPolarit
Corus Group plc has agreed to sell its entire 23.2% stake in AvestaPolarit Oyj APB to Outokumpu Oyj for about EUR 530 million.
Japanese consolidatation
Nippon Steel and Sumitomo Metal Industries have signed a letter of intent for the integration of their stainless steel businesses.