Stuart Pettifor leaves AvestaPolarit
AvestaPolarit’s Deputy CEO and President of the Group’s Coil Products business area Stuart I Pettifor will be leaving AvestaPolarit at the end of August following his appointment to join the Board of Corus Group plc and take charge of its Strip portfolio of businesses.
Pennsylvania generating facility
Allegheny Energy Supply, the unregulated generating subsidiary of Allegheny Energy Inc. has announced that it will build 88mw of natural gas-fired merchant generating capacity in Guilford Township, near Chambersburg, PA, USA.
New appointments in United States Steel
Thomas J. Usher, chairman and CEO of USX Corporation, has announced the appointment of three new executive positions in the United States Steel Corporation.
S Korea permits Hynix to separate from Hyundai
The South Korean government has permitted Hynix Semiconductor to separate from Hyundai Group and become an independent computer chipmaker.
US imposes anti-dumping duties
A preliminary determination announced by the Commerce Department has found that stainless steel bar from five countries is being sold in the US market by as much as 126% below fair value and has set anti-dumping duties ranging up to that amount.