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.

Steel Dynamics to Fully Acquire New Process Steel

Steel Dynamics, Inc. has announced its entry into a definitive agreement to acquire the remaining 55% equity interest in New Process Steel, L.P.

Vinton Steel Contracts Tenova Inc. for Walking Hearth Furnace

Vinton Steel has signed a new contract with Tenova, a leading developer and supplier of sustainable solutions for the metals industry, to deliver a walking hearth reheating furnace.

Metso Partners with Millennium to Expand Distribution Network in Caribbean & Latin America

Metso has announced a new partnership with Millennium Machinery Parts and Service Corp, which furthers its commitment to market coverage, increase participation, and customer service support in the Caribbean and Latin America regions.

Rio Tinto Announces Operating Model and Executive Team Updates

Rio Tinto has announced a new operating model and executive team to shape the company’s next chapter, effective immediately.

EcoCortec® & Partner Jakob Schober GmbH Awarded German Packaging Award for Circular Economy Solution

EcoCortec®, daughter company of Cortec® Corporation, and its partner Jakob Schober GmbH, have been awarded the German Packaging Award 2025 in the "Sustainability - Overall Concept" category.

Roll-Kraft Names Mike Samplak as Plant Manager

Roll-Kraft has appointed Mike Samplak as its Plant Manager at the Mentor, Ohio headquarters facility.

Solutions for Greener Stainless Steel Production

Using green power – based on renewable energy sources – is an obvious step that can be taken wherever possible. The biggest consumer of electricity is the Electric Arc Furnace (EAF) and Induction furnaces.

Cyclone Metals’ Iron Bear Project Announces Completed Scoping Study

Cyclone Metals Limited has released the results of its Scoping Study for its flagship Iron Bear Project, located in the Labrador Trough, Canada.

Metso Expands Service Center in Antofagasta, Chile

Metso has completed the expansion of its service center in Antofagasta, Chile, adding an additional 1,200 m² of operational capacity, totaling 4,800 m² of technical workspace.

Tenaris Expands Canadian Footprint with New Service Center in the Montney Region

Tenaris has announced the construction of a new service center in northeastern British Columbia, Canada. The facility will support drilling operations of key oil and gas customers in the Montney formation.