NTS Group acquires Amega West Services
NTS Group has acquired Amega West Services from Carpenter Technology Corporation. With headquarters in Houston, Amega West has production and service plants in the United States, Canada, and Singapore.
Altair launches Altair Material Data Center
Altair announced the launch of the Altair Material Data Center, a modern, comprehensive, and high-fidelity material database for simulation.
Essar appoints Stein Ivar Bye as CEO
The Board of Essar Oil UK Ltd announced the appointment of Stein Ivar Bye as Chief Executive Officer. Stein Ivar Bye will be based at the companys Stanlow Manufacturing Complex in Ellesmere Port, Cheshire.
China to contribute 28% of petrochemical capacity
The global petrochemical capacity is poised to see considerable growth by 2030, potentially increasing from 2,129.0 million tonnes per annum (mtpa) in 2019 to 3,029.1 mtpa in 2030, registering a total growth of 42%.
Sandvik to divest its Exploration business
Sandvik has signed an agreement to divest its Exploration business to Drillman. Drillman provides equipment and technical support to the Geotechnical, Mineral Exploration, Horizontal, Directional and Upstream Gas Drilling sectors, among others.
NISCO modernized the medium bar with KOCKS RSB® 5.0
The Chinese company Nanjing Iron & Steel Co Ltd. (NISCO) has successful modernized its 800.000t/a medium bar mill incorporating a Reducing & Sizing Block (RSB®) 500++/4 in 5.0 design by Friedrich KOCKS GmbH & Co KG.
Michael C. Raabe joins LIBERTY as Chief Safety Officer
LIBERTY Steel US has appointed Michael C. Raabe, CSP, as Chief Safety Officer as it implements an organization-wide safety-first program.
Synalloy announces the changes in the management
Synalloy Corporation announced that Craig Bram will retire as President and Chief Executive Officer and as a member of Synalloys Board of Directors, effective as of the filing of the Company Q3 Form 10-Q, currently expected to be on November 9, 2020.
World Steel Association releases an update to SRO
The World Steel Association (worldsteel) released an update to its Short Range Outlook (SRO) for 2020 and 2021. This SRO is showing a much more optimistic outlook than the previous SRO finalized in June.
ISSF stainless steel markets
The International Stainless Steel Forum (ISSF) shares the industry data following its October 2020 conference. World stainless steel melting shop production which has been growing consistently over the 6 years before 2020.
