Company News

In this section you can find updates from suppliers, manufacturers, fabricators and stockists of stainless steel material. This company news section is updated regularly with the latest company news from within the global stainless steel world community. If you wish to include your newsrelease on our website Stainless Steel World Americas and email newsletter, please feel free to contact us.

Consumers Energy approved for first wind park

Consumers Energy has received approval from the Mason County Planning Commission for the company’s special land use permit application for its first wind park. The 100MW Lake Winds Energy Park will be constructed as part of Consumers Energy's plans

Aker wins subsea contract in Mexico

Aker Solutions has received a contract for the design, procurement, and fabrication of the subsea containment and diverter assembly for the expanded containment system being developed by Marine Well Containment Company (MWCC).

SENER and Torresol win CSP Today Award

SENER and Torresol Energy, the company leader in Concentrated Solar Power, a joint venture between SENER and Masdar received the US CSP Today Award in the categories of Engineering Firm of the Year and Commercialized Technology Innovation of the Year category, respectively.

Samuel, Son & Co. acquires Basic Stainless

Samuel, Son & Co. (Samuel), the fifth largest metal processor and distributor in North America has acquired Basic Stainless Inc., a service center operating from an 80,000sq/ft facility in Marshfield, Wisconsin;

Carpenter Tech acquires Oilfield Alloys

Carpenter Technology Corporation has acquired Oilfield Alloys Pte Ltd for USD 4.8 million. Located in Singapore, Oilfield Alloys manufactures and distributes directional drilling equipment to the Asia-Pacific region.

Sumitomo Metals to acquire Standard Steel

Sumitomo Metal Industries, Ltd. (Sumitomo Metals) and Sumitomo Corporation will acquire Steel Wheel Acquisition Corporation (SWAC), the parent company of Standard Steel, Inc. (Standard Steel) located in the US.  

Harsco wins enviro solutions contracts

Harsco Corporation has been awarded two new environmental solutions contracts by JSW Steel Ltd. Valued at a combined total of over USD 135 million, the contracts take place over a 10 year period, adding to Harsco’s emerging presence in India

Stainless Structurals forms sister company

Stainless Structurals, LLC, has formed a sister company, Stainless Structurals Works, LLC, in Conroe, Texas. The owner of 40 acres in Conroe, Stainless Structurals Works has executed a contract for construction of a 124,000sq/ft facility.

Sumitomo develops CR steel with tin

Sumitomo Metal Industries, Ltd. (Sumitomo Metals) has created a new corrosion-resistant steel with tin (Sn) that can be used in salt-containing environments or cold climates where anti-freezing agents are sprayed.

Northern Power wind turbine

Olympic Steel has installed a USD 550,000 Northern Power 100kw wind turbine to supplement electricity to the Company's Corporate Office and attached temper mill facility in Bedford Heights, Ohio. The gearless, direct