News

Our dedicated news department gathers news and press releases from around the world to bring our community the latest developments in the stainless steel industry. Here you can find news involving the people and companies involved in the manufacturer, supply and use of corrosion resistant alloys (CRAs).
Topics such as tubes & pipes, cladding, offshore, chemical process industry, welding & fabrication, 13Cr stainless steels, titanium, nickel alloys, pulp & paper and duplex stainless steels are covered as well as interviews with materials specialists, manufacturer and end users alike.
If you wish to include your news items and press releases in our publication, email newsletter or on our website please feel free to get in  contact.

Legacy acquires

Legacy Reserves LP has entered into an agreement to purchase 100% of the membership interests of Pantwist from Cano Petroleum, Inc. for USD 42.7 million cash, subject to customary closing adjustments.

Victory set to acquire Independent

Victory Nickel, based in Toronto, Canada, has made an unsolicited offer for all the outstanding common shares of Independent Nickel, based in Sudbury, Canada.

Steel company partners with high school

In McMinnville, Oregon, US, a new partnership has been established between Cascade Steel, McMinnville High School, and Chemeketa Community College.

iWeld laser system

LaserStar Technologies Corp., a member of the Laser Institute of America, has introduced its iWeld advanced laser system.

Resistance Seam Welder

TechMatrix of Minnesota, US has announced the release of the RSX26 resistance seam weld machine, an addition to their RSX Series product line.

Stainless sales drop in USA

An Outokumpu survey reports that the sales volume of stainless steel in the US in the first season of 2008 has dropped by 12.5% from the last quarter of 2007 due to weak demand in the global market.

Coker contract for BP whiting refinery in USA

Foster Wheeler Ltd has announced that its subsidiary Foster Wheeler USA Corp., part of its Global Engineering and Construction Group, has been awarded contracts by BP Products North America for the engineering, procurement and fabrication of a 102,000bpsd six-drum delayed coking unit and gas plant facilities at BP’s Whiting refinery in Indiana, USA.

Metso completes acquisition

Metso has announced that it has completed the acquisition of GE Energy’s Lachine Main Plant, a heavy fabrication and machining facility located near Montreal, Canada.

Celtic Minerals sample nickel boulders

Diamond drilling by Celtic Minerals Ltd continues on the Kingurutik River claim block in the Voisey’s Bay nickel district, northern Labrador, Canada.

New hard surfacing wires

Hobart Brothers McKay, headquarted in Troy, Ohio has released VertiWear 600 and VertiWear AP hard surfacing wires.