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.

Inco executives join Royal Nickel

Since Scott Hand and another former senior Inco executive have joined Canada-based mining company Royal Nickel Corp., the company has received a CAD 21.8 million investment from a major Chinese metal distributor.

Acerinox to post profit

Acerinox SA expects to make its first profit since the second quarter last year as European and US customers replenish dwindling stockpiles.

Foster Wheeler promotes Troy Roder

Foster Wheeler AG has announced that, effective 1 January 2010, W Troy Roder will be promoted to the position of Chairman and Chief Executive Officer of Foster Wheeler Energy Ltd (FWEL), which is based in Reading, UK, and is the company’s largest subsidiary in its Global Engineering and Construction Group.

Concord Steel files for Chapter 11

Concord Steel Inc., which constitutes most of the assets of parent company Stamford Industrial Group Inc., has filed for Chapter 11 bankruptcy.

Vale resumes output

Vale SA has resumed production at its Thompson mine and refinery in Manitoba, Canada after maintenance as world nickel prices declined because of slackening demand.

Healthiest Company in America Award

Bison Gear has been recognized for its commitment to employee health and well-being and its innovative health and wellness initiatives yielding measurable employee health improvement.

USA: biomass energy conversion plant

Northwest Renewable has announced plans to begin construction on a USD 72.5 million biomass energy conversion plant next year.

Roll-Kraft re-certified

Roll-Kraft, a supplier of tooling and equipment for the tube & pipe and roll forming industry, has participated in the latest audit by the International Organization for Standardization and has successfully been re-certified as “ISO 9001:2000 With Design.” Roll-Kraft has been certified to the ISO standards since 1997.

Lakeside Steel and union take part in court battle

The Federal Court is hearing requests by a company and a union that want to intervene in the Canadian government's court battle with US Steel over the layoff of hundreds of workers this year.

Synalloy acquires Ram-Fab

Synalloy Corp., a producer of specialty chemicals, stainless steel pipe, vessels and process equipment, has announced the acquisition of the business of Ram-Fab Inc., a private company located in Crossett, Arkansas, US.