Projects

This section provides the latest news updates on a variety of world-wide tenders, projects, expansions contracts and acquisitions for stainless steel and related products.

Grant announced for Johnstown steelmaker

Pennsylvania Redevelopment Assistance Capital Program have announced a USD $2 million grant for Johnstown-based Gautier Specialty Metals and Gautier Steel expansion projects.

Material handling equipment demand to reach $176B

The “World Material Handling Equipment” study from the Freedonia Group, Cleveland, indicates that global demand for the equipment is forecast to rise 5.

Voith awarded $60M contract at US hydro plant

Voith has been awarded a $60 million contract for site rehabilitation work at the Priest Rapids Dam in Mattawa, Washington by the Grant County Public Utility District (GCPUD).

Outokumpu reduced emissions electric road project

Outokumpu, a global producer of stainless steel with various operations in North and South America, is taking part in a project to reduce transport emissions, by transporting stainless steel through the first electric road in the world.

Norsk Titanium successfully closes funding round

Norsk Titanium AS, a supplier of aerospace-grade, additive manufactured, structural titanium components has announced the successful close of its Q2 2016 funding round.

Kinder Morgan sells half its stake in Ohio pipeline

Kinder Morgan Inc. said it has agreed to sell half its stake in an Ohio pipeline project to private equity firm Riverstone Investment Group LLC.

NioCorp completes WPL for Elk Creek project

NioCorp Developments Ltd. has announced the successful completion of a Whole Ore Pre-Leach Pilot Plant (WPL) as part of its Elk Creek Superalloy Materials Feasibility Study.

Odebrecht in talks to sell Peru pipeline

Odebrecht SA, Latin America's largest engineering company, is in advanced talks to sell a 55 percent stake in a Peruvian gas pipeline project.

FMC Technologies and Technip to merge

FMC Technologies Inc. of Houston, Texas, US, and Technip, of Paris, France, will combine to form TechnipFMC, in a move the two companies said will create a “comprehensive and flexible offering across each market from concept to project delivery and beyond.

CuMo Mining signs molybdenum-copper-silver MoU

American CuMo Mining Corporation (CuMo) has announced that it and its subsidiary, Idaho CuMo Mining Corporation (Idaho CuMo), have signed a non-binding Memorandum of Understanding (MoU) with Ping Shan Resource Holdings Ltd.