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.

ResponsibleSteel Appoints New CEO to Lead Growth Agenda

The Board of ResponsibleSteel announces that it has appointed leading steel industry sustainability expert, Annie Heaton, as its new Chief Executive Officer, effective June 13, 2022.

Widia WCE Solid End Milling Platform Suits Steel, Stainless Steel, and Cast-Iron Applications

Widia has launched the WCE solid end milling platform. The initial release is WCE4, a four-flute geometry with a new grade (WU20PE).

CoTec Holdings Corp. Announces Investment in Green Steel Project in Midwestern U.S.

CoTec Holdings Corp. has announced that it has entered into an agreement to acquire a 15.8% equity interest in MagIron LLC for a US$2 million.

3D Printing: DM HH Stainless Steel

3D printing and additive manufacturing have been gaining traction in the metal industry. Many companies are looking for new and innovative ways to not only prototype and test, but produce different parts, materials, and more.

Commercial Metals Company Completes Acquisition of Tensar Corporation

Commercial Metals Company (“CMC”) announced that it has successfully completed the acquisition of TAC Acquisition Corp. (“Tensar”) from Castle Harlan, a New York-based private equity firm, for a cash purchase price of $550 million, subject to customary purchase price adjustments.

Nippon Steel Corporation and Vale Sign Memorandum Regarding Decarbonization Solution

Nippon Steel Corporation and Vale S.A. one of the world’s foremost mineral resource companies, have signed a memorandum for the purpose of strengthening their relationship and considering and discussing specific strategies, with the aim of realizing carbon neutral steelmaking processes.

Algoma Steel Awards Building Contract to Walters Group

Algoma Steel Group Inc. (“Algoma”), a leading Canadian producer of hot and cold rolled steel sheet and plate products, today announced that it has awarded the structural building contract for its electric arc steelmaking facility (“EAF”) to Hamilton, ON-based Walters Group Inc. (“Walters”).

NIM Group to Acquire Plateplus Plant in Okla

NIM Group, one of the nation’s largest family-owned networks of steel service centers, announced today that NIM Group has entered into a definitive agreement to acquire Plateplus, Inc.’s Tulsa, Oklahoma facility. The transaction is expected to close on April 29, 2022.

GarLine Laser Sensors from Garmo Instruments Can be Integrated with Welding Cobots

Garmo Instruments’ GarLine seam tracking laser sensor, now certified by Universal Robots, can be integrated on welding cobots to provide vision programming, seam finding, and seam tracking during automated welding.

Sandvik Introduces 3D-Printed Cemented Carbide

Sandvik continues to expand its additive manufacturing offering through the introduction of 3D-printed components in cemented carbide. The new capacity is enabled by a combination of a patented process and tailor-made powder produced in-house.