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.

Yemen: oil exploration

Yemen plans to invite European and American oil majors including Exxon Mobil, Royal Dutch Shell, Chevron and Total for direct negotiations to explore its oil blocks.

US Steel appoints

United States Steel Corp. has announced that effective immediately Mr Douglas R Matthews is VP tubular operations and president of the company's US Steel Tubular Products Inc. subsidiary.

USA: possible power plants in Connecticut

NRG Energy and GE Energy Financial Services from Connecticut are attempting to revive long-dormant plans to build massive new power plants that, if the state agrees to award them long-term contracts, could power nearly a million homes.

Bingham named sales manager

William H Bingham has been named sales manager at Houston-based Alloy Metals and Tubes International Inc.

USA: south Texas nuclear plant

According to a schedule released by the Nuclear Regulatory Commission (NRC), NRG Energy and Toshiba Corp. could receive a Combined License for the proposed 2700MW South Texas nuclear project by 2012.

Positive results for Continental

Canadian-based Continental Nickel Ltd predicts that its new nickel mine in Tanzania will start to export its output by 2014.

Universal hires Beible

Universal Stainless & Alloy Products, Inc. has announced that William W Beible Jr has joined the company in the newly-created position of Senior Vice President of Operations.

Comanche Peak development

Luminant and Mitsubishi Heavy Industries Ltd (MHI) have established a joint venture to further the development of Comanche Peak Units 3 & 4 using MHI's US-Advanced Pressurized Water Reactor (US-APWR).

Merrick as VP of Techalloy Welding Products

Central Wire Group’s (Perth, Ontario) President and CEO, Larry Smith has announced the promotion of Stan Merrick to Vice President of Techalloy Welding Products.

RTI reports

US-based titanium producer RTI International Metals reported net income for 2008 of USD 56.2 million, down from USD 92.6 million in 2007 as the titanium market was affected by both Boeing 787 production delays and the significant deterioration in the global economy.