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.

Han-Kwang announces US website

Han-Kwang USA has announced the start-up of its corporate website for the North American market.

Pure Nickel amends agreement with Rockcliff

Pure Nickel Inc. has announced that its option and JV agreement with Rockcliff Resources Inc. has been amended. In consideration for extending the time for performance of work on Pure Nickel's Tower Property, Rockcliff granted 1,250,000 common share purchase warrants to Pure Nickel.

Canada: gas field development

Korea Gas Corp. has entered into an agreement with EnCana Corp. to explore and develop the latter's natural gas fields in British Columbia.

General Moly gets full funding

US-based molybdenum development company General Moly has arranged full funding for its Mt Hope project in Nevada through a partnership with Hanlong (USA) Mining Investment, a wholly owned subsidiary of Chinese mining group Sichuan Hanlong.

Raytheon mourns passing of Jon C Jones

Raytheon Co. extends its deepest condolences and heartfelt support to the family and friends of Jon C Jones, a Raytheon Co. VP, and president of the Space and Airborne Systems (SAS) business, who died of an apparent heart attack.

Titeflex Corp. stays in Springfield

Titeflex Corp., a manufacturer of stainless steel hose, has agreed to stay in Springfield in exchange for a special tax incentive authorized by the city.

Nucor to form joint venture with Mitsui

Nucor Corp. has entered into an agreement with Mitsui & Co. Inc., a wholly owned subsidiary of Mitsui & Co.,Ltd, wherein each would indirectly own a 50% interest in a newly created company, NuMit LLC.

ABB wins renewal contract from Vale

ABB has won a renewal from Vale Inco Newfoundland & Labrador to continue managing maintenance activities at its Voisey's Bay, Labrador, Canada facility.

Xstrata nickel reaches agreement with union

Xstrata Nickel has announced that the company's Sudbury Operations has reached a tentative agreement for a new Collective Agreement with the United Steelworkers Union Local 2020, which represents Xstrata Nickel's Sudbury office, clerical and technical employees.

Belgo Mineira iron mine returns to ArcelorMittal

ArcelorMittal’s Brazilian division is resuming operations of an iron mine rented to mining company Vale in 2004.