In this section you can find updates from suppliers, manufacturers, fabricators and stockists of stainless steel material. This company news section is updated regularly with the latest company news from within the global stainless steel world community.
In August 2023, Primetals Technologies received an order from CSC for a decarbonization study, with a focus on reducing carbon emissions at the Kaohsiung site in Taiwan. The site has an annual crude steel production of around 10 million tons, making it the largest plant in Taiwan.
HD Hyundai Heavy Industries has signed a preliminary basic design contract with sister company Hyundai Engineering & Construction for a carbon dioxide platform intended for the carbon capture and storage (CCS) project envisaged at Korea National Oil Corporation’s (KNOC) depleted Donghae gas field offshore South Korea.
Outokumpu has signed a letter of intent with Greenland Resources Inc. Outokumpu looks to support Greenland Resources, as it has completed a definitive feasibility study and is currently negotiating capex funding to build the mine.
The Union steel ministry has started industry consultations to frame India’s first stainless steel policy. The policy will aim to raise domestic capacity by nearly fivefold by 2047, from the current 6.6 million tonnes (mt) to 30 mt.
thyssenkrupp Uhde Thailand has been awarded a contract by BASF for engineering services and proprietary equipment supply for its new non-ionic surfactant (NIS) plant at its Zhanjiang Verbund Site Project, Guangdong Province, China.
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