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.

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

Metal bellows accumulators

BellowsTech LLC has released its metal bellows accumulators, which are used to store the energy of a liquid or gas. Bellows accumulators using edge welded bellows can be manufactured in smaller sizes with added stroke length capability.

Alstom wins wind farms contract in Brazil

Alstom has signed a contract worth almost EUR 200 million to build and service three wind farms in Brazil for Brasventos S.A., a company made up of J. Malucelli Energia (51%), Eletrobras Eletronorte (24.5%) and Eletrobras Furnas (24.5%). The wind farms, to be situated in Rio Grande do Norte State

Universal Stain buys Patriot Special Metals assets

Universal Stainless & Alloy Products Inc has signed an agreement to purchase the assets of Patriot Special Metals located in North Jackson, Ohio. Patriot Special Metals features a largely completed Greenfield facility complete with a state of the art radial forge

SOLON, UniSource bring solar to Arizona

SOLON Corporation has entered into an agreement with UniSource Energy Services (UES) that will bring a 1.22MW solar system to Kingman, Arizona. The plant will be powered by SOLON systems and modules, providing a faster, more cost-efficient method for UES