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    Allegheny announces price rises

    Stainless Steel World Publisher -
    Allegheny Ludlum, an Allegheny Technologies company will increase transaction prices by approximately 5–7% by reducing discounts three percentage points on 200, 300 and 400 series grades (except Type 409) of cold-rolled stainless steel sheet and strip products.

    Joint-venture website

    Stainless Steel World Publisher -
    BuyStainlessOnline Inc. Bensalem (Pennsylavania, USA) will co-operate with Action Steel Supply of Indianapolis on a joint-venture website to sell small quantities of high-margin metals online.

    Titanium price hikes

    Stainless Steel World Publisher -
    Allvac, an Allegheny Technologies Incorporated company, has announced price increases ranging from 5% to 12% on titanium and titanium alloy mill products, effective immediately.

    LTV Copperweld promotions

    Stainless Steel World Publisher -
    LTV Copperweld has announced the promotion of three executives to head the principal units of its Tubular Products Group.

    German Bayer to build chemical base in Shanghai

    Stainless Steel World Publisher -
    German chemical company Bayer will invest about DEM 7 billion to set up a chemical base in Shanghai.

    Gulf Drilling acquires ITAG

    Stainless Steel World Publisher -
    Gulf Drilling & Petroleum Services (GDPS), a subsidiary of Arabian International Petroleum Corporation (AIPC) of Qatar, has purchased 90% of ITAG’s shares.

    Stork vice chairman steps down

    Stainless Steel World Publisher -
    Mr H.A.D. van den Boogaard, vice chairman of the Board of Management of Stork NV, has opted to use early retirement, and will relinquish responsibilities as vice chairman as of 1 September 2001.

    Newsprint rebuild in India

    Stainless Steel World Publisher -
    Voith Paper has received an order from Tamil Nadu Newsprint and Papers, India, for the rebuild of PM 2 at their mill in Kagithapuram at the end of June 2001.

    Algerian gas venture

    Stainless Steel World Publisher -
    BP Amoco and Algerian state hydrocarbons firm Sonatrach have signed a USD 2.5 billion deal to jointly develop the country’s In Salah gas reserves, executives of the two firms said.

    Addison Machine wins sizing mill award

    Stainless Steel World Publisher -
    Addison Machine Engineering has been commissioned to manufacture an AM-8000-PSU Sizing Mill. This Sizing Mill's capacity is 2.500" OD to 8.000" OD. This unit will be commissioned in Scotland and produce pipe for the offshore, petrochemical industry.
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