Germany in favor of constructing Baltic Sea pipeline
The Baltic Sea has become a political issue. After all, another natural gas pipeline is currently being laid through the body of water from Russia directly to Germany in the shape of Nord Stream 2.
Tenaris acquires stake in Saudi Steel Pipe
Tenaris has completed its acquisition of a substantial stake in Saudi Steel Pipe (SSP), a local welded pipe producer in Saudi Arabia, boosting its industrial foothold in the country.
thyssenkrupp AG Supervisory Board elects Chairwoman
Following the Annual General Meeting, the Supervisory Board of thyssenkrupp AG elected unanimously Martina Merz (55) as new Chairwoman of the Supervisory Board.
Harsco enters USD 247M contract with HBIS
Harsco Corporation announced that its Metals & Minerals division has signed a USD 247M contract with HBIS Laoting Steel, a subsidiary of the HBIS Group and one of the leading steel producers in China.
Reliance appoints Senior VP
Reliance Steel & Aluminum Co. announced that Jeffrey W. Durham has been promoted to the position of Senior Vice President, Operations, effective immediately.