Tag: Acerinox SA
South African mill faces labor strike
Spain-based Acerinox SA’s stainless steel mill in Africa is facing a strike over pay after two South African labor unions rejected the company’s latest wage offer. Workers at Columbus Stainless Pty Ltd, based in South Africa’s Mpumalanga province, are set to
Malaysian stainless steel plant
Acerinox SA has announced that it is pumping in an extra USD 251 million for the second phase of its stainless steel production plant in Malaysia.
Possible stainless plant in India
Acerinox SA in association with Japan-based stainless company Nisshin Steel Co. is studying the possibility of building a stainless steel plant in India to tap rising demand from makers of automobiles and houses.
Acerinox looking at SE Asia acquisitions
The world's second largest stainless steel producer Acerinox SA has announced that it is studying possible acquisitions in south East Asia but noted that there is nothing specific on the cards.
Falling SS prices in 2005
Acerinox SA said net profit dropped to EUR 154 million in the full year to December from EUR 313 million a year earlier, hit by falling stainless steel prices and a EUR 41.6 million write down in the fourth quarter against the falling value of the group's nickel stocks.
Fourth Sendzimir mill
North American Stainless (NAS), a subsidiary of Acerinox SA, has contracted its fourth Sendzimir mill.
N.A. Stainless orders Danieli billet caster
North American Stainless (Ghent, KY, USA) has ordered a new billet caster from Danieli Centro Met.
