Stainless steel output expected to drop in 2009
MEPS has announced that global crude stainless steel production is expected to decline by 2 million tons to 23.9 million tons in 2009. Siempelkamp modernizes closed-die forging press
Alcoa Forging & Extrusions has commissioned Siempelkamp to engineer and produce the cast parts of one of the world’s largest closed-die forging presses located in Cleveland, Ohio, USA. Welding machine for remote locations
Lincoln Electric has released the new Big Red 500, for welding in remote locations and under extreme conditions. Edward Dean named BPS President
Babcock Power Services Inc. (BPS), located in Worcester, Massachusetts, a subsidiary of Babcock Power Inc., based in Danvers, Massachusetts, has announced that Edward Dean has been promoted to President and CEO of Babcock Power Services, succeeding Theodore Maliszewski, who recently announced his intent to retire in the foreseeable future and has accepted the position of Executive Director, Babcock Power Services, to assist Mr Dean in the transition. Peru: oil find
Canadian-based Talisman Energy has found commercially-viable oil reserves at Block 64 in northern Peru. 
Apella Resources Inc. has formed a wholly owned subsidiary Power Vanadium Corp. which will be positioned as a pure vanadium iron titanium entity to hold and operate Apella's Iron T, Lac Dore and Lac Dore North interests, all located in Quebec, Canada. Power will provide Apella with a vehicle within which Apella can finance, operate, and develop its iron vanadium titanium projects without significant affect on the other gold, copper and nickel assets within Apella. 
Cliffs Natural Resources (CNR) is pursuing approval for the development of a new iron ore deposit in Western Australia. 
Roll-Kraft, headquarter in Mentor, Ohio, US, has created educational publications called “Profit Pointers” to allow tube & pipe and roll forming companies to instantly obtain information useful to their business. 
ThyssenKrupp is continuing to build carbon and stainless steelmaking and processing facilities in the US, but is responding to the changed economic conditions by stretching out construction. 
Production Fastening Systems LLC, a New Orleans based stud welding distributor, has launched its new Tube Separation Assembly (T-SEP) to help reduce and prevent crevice corrosion for pneumatic tubing for offshore, shipbuilding, and steel fabrication installations.