Company News

The current CEO of North American Stainless (“NAS”), Cristóbal Fuentes, will cease his executive functions on May 21, 2025, after 44 years of service with the company.

Olympic Steel Inc., a leading national metals service center, welcomes Alex Hegler as General Manager for its Action Stainless facility in Rock Hill, South Carolina.

Primetals Technologies, together with its strategic partner Mitsubishi Corporation, Rio Tinto, a leading mining and materials company, and globally leading steel and technology group voestalpine, signed a cooperation agreement to fast-track the development of fluidized bed and smelter technologies.

Alleima, a global leader in seamless stainless steel tubing solutions, has introduced a first-of its-kind on-site tubing solution in Canada - a mobile machine capable of straightening thick-walled coiled tubing and cut them, directly at the construction site.

Aperam S.A. (Aperam), a global player in stainless, electrical, alloys, specialty steel and recycling, is proud to announce the launch of its new straightening and cutting line at its Aperam Alloys Imphy site in France.

Zekelman Industries, the largest independent steel pipe and tube manufacturer in North America and an innovator in integrated real estate development, is updating its leadership structure to better position the company for future growth opportunities.

Nucor Corporation announced that Chad Utermark, Executive Vice President of New Markets and Innovation, plans to retire effective June 7, 2025.

Tenaris has once again demonstrated its commitment to sustainability, earning recognition as a worldsteel Sustainability Champion for the eighth consecutive year.

The International Finance Corporation (IFC), a member of the World Bank Group, and Aperam, a global stainless, alloys, specialties and electrical steel manufacturer as well as metals recycler, are pleased to announce a financing package to support Aperam’s decarbonization efforts through the production of sustainably produced charcoal, a renewable fuel for steel manufacturing (instead of commonly used coke).

Following a $110 million USD investment, Tenaris is strengthening its fracking capabilities in Argentina with the addition of a third hydraulic fracking set for Vaca Muerta, one of the world’s largest shale gas reservoirs.