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.

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.

Suncor Names Odegaard Senior VP

Suncor Energy (Suncor) has appointed Janice Odegaard as senior vice president and general counsel. In her new position, Odegaard will be in charge of all legal and regulatory matters across the company, working closely with Suncor's Board of Directors on corporate governance matters.

ThyssenKrupp to build cost saving melt shop

ThyssenKrupp will push construction of a cost saving melt shop plant forward in an attempt to compete against rivals. Originally scheduled for 2014, production on the U.S. plant will now begin in 2013. .

SGS Geostat to prepare Iron-T report

Apella Resources (Apella) has commissioned SGS Geostat to prepare an updated NI 43-101 compliant report for the company's Iron-T vanadium, iron, and titanium project at Matagami in Quebec.