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.

Powers new CFO of Niska

Niska Gas Storage Partners LLC has appointed Vance E. Powers as Chief Financial Officer, effective 1 January 2011. Powers succeeds Darin T. Olson, who will continue on as Vice President of Finance.

ArcelorMittal, Nunavut extend deadline

ArcelorMittal has extended its USD 555 million offer to purchase all shares of Baffinland Iron Mines Corporation (Baffinland) until 11:59 p.m. on 21 January 2011, after its rival bidder Nunavut Iron Ore Acquisition Inc. (Nunavut Iron), sweetened and extended the deadline for its offer.

LE host pipeline welding seminar

Lincoln Electric will host a free pipeline welding seminar for contractors and professionals in the pipeline industry from 20 March to 31 March, 2011. Located at the company's Cleveland, Ohio, headquarters, the in-depth session will discuss the growing demand in energy markets

LE to acquire Severstal welding

Lincoln Electric Holdings, Inc. has acquired Severstal-metiz, a manufacturer of welding consumables in Russia, and a subsidiary of Russian steelmaker Severstal. The transaction includes exclusive distribution rights of the Severstal brand of welding consumables in addition to the acquisition of manufacturing operations.

Nunavut Iron Ore increases offer for Baffinland

Nunavut Iron Ore Acquisition Inc has increased their offer for Baffinland Iron Mines Corp. to USD 1.40 per share. They have also increased the number of shares they are willing to purchase.

ThyssenKrupp opens new facility

ThyssenKrupp Steel USA and ThyssenKrupp Stainless USA officially opened their new steelmaking and processing plant in southeastern USA.

EVP and COO Goodish to retire from US Steel

John H. Goodish will retire from United States Steel Corporation effective 31 December 2010, after 40 years of service with the company. Goodish joined the US Steel team as an accounting manager trainee in 1970.

LE promotes Tim Birky

Lincoln Electric has promoted Tim Birky to marketing communications manager, in charge of overseeing the LE’s U.S. creative services, marketing communications, events and trade show teams.

North American Nickel appoints Neil Richardson

North American Nickel Inc. has appointed Neil Richardson to the Advisory Board. With over 22 years of experience in mineral exploration, Richardson has been responsible for mining operations of base metal and precious metal deposits throughout Canada.

GE, CME to build 500MW plant in Nigeria

GE will build a 500MW gas fired power plant in Ondo State, Nigeria. The company will supply four Frame 9E gas turbines, generators and accessories in addition to technical assistance and training.