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.

Nippon Changes to Board Members and Officers

At the meeting of the Board of Directors, the candidates for members of the Board of Directors (excluding directors who are Audit & Supervisory Committee Members) and the candidates for members of the Board of Directors who are Audit & Supervisory Committee Members to be submitted to the 98th Annual Meeting of Shareholders scheduled to be held in late June 2022 were decided.

Sandvik Receives Tube Order of SEK 800 Million for the Energy Segment

Sandvik Materials Technology has received a major order for advanced tubes for the energy segment. The order was booked in the first quarter of 2022 and is valued to approximately SEK 800 million, with deliveries scheduled between 2023 and 2025.

Denarius Metals Will Begin Trading in US

Denarius Metals Corp announced that its common shares will commence trading on the OTCQB Market in the United States on February 17, 2022 under the symbol “DNRSF”. U.S. investors will be able to find current financial disclosure and Real-Time Level 2 quotes for the Company on www.otcmarkets.com.

BC Moly Appoints Corporate Secretary

BC Moly Ltd. is pleased to announce that its board of directors has appointed Jerry Wang, the current Chief Financial Officer, to serve as Corporate Secretary of the Company. Mr. Wang’s appointment fills the vacancy created by the recent resignation of Edward Yurkowski.

McEwen Copper Announces Management Addition

McEwen Copper Inc., a subsidiary of McEwen Mining Incis pleased to announce that Michael Meding has joined as Vice President of Andes Corporacion Minera SA. in Argentina. Mr. Meding is accountable for the overall direction and management of the Los Azules copper project in San Juan

MRC Global, Stainless Steel Market Update

MRC Global has been in business for over a century, and for good reason. Having recently celebrated its 100th anniversary, MRC Global is one of the most successful pipe, valve, and fitting (PVF) distributors in its space, a position that has been shaped – in large part – by its people.

Nucor Completes Acquisition of California Steel Industries

Nucor Corporation announced that it has successfully completed its acquisition of a majority ownership position in California Steel Industries, Inc. (CSI) by purchasing a 50% equity interest from a subsidiary of Vale S.A. (Vale) for a cash purchase price of $400 million, adjusted for net debt and working capital at closing, as well as a 1% equity ownership stake from JFE Steel Corporation (JFE).

Sandvik Appoints Cecilia Felton as New Chief Financial Officer

Sandvik has appointed Cecilia Felton as Executive Vice President and Chief Financial Officer, CFO, effective February 1, 2022. Cecilia Felton, who has served as interim CFO since November 1, 2021, will also be a member of the Group Executive Management.

Machinability Improved Stainless Steels

A machine shop in Finland uses machinability-improved 316L bar to boost cutting speeds and improve chip breakage.

US Steel Selects Arkansas for Advanced Steelmaking Facility in North America

United States Steel Corporation announced that its next-generation highly sustainable and technologically advanced steel mill will be located in Osceola, Arkansas, close to U. S. Steel’s cutting-edge Big River Steel plant. The facility is engineered to bring together the most advanced technology to create the steel mill of the future that delivers profitable solutions for our customers.