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Shyam Metalics to Infuse INR 650-750 Crore in Stainless Steel Business

Shyam Metalics

The company has established a cutting-edge facility at its existing plant in Sambalpur of Odisha having capacity of 3 lakh MTPA, which will produce high-quality 200 and 400 series stainless steel hot rolled coils (HRC). Apr 11, 2024 Leading producers of integrated metal Shyam Metalics and Energy Limited (SMEL), has established a state-of-the-art facility at […]

Rishi Pipes & Tubes Aspires to Establish Strong Presence in International Markets

rishi pipes

Rishi Pipes & Tubes Private Limited, a leading manufacturer of stainless steel pipes & tubes, is making significant strides in the stainless-steel pipes & tubes market, with plans to double its production capacity to 2000 MTPM. With an ambitious goal to establish itself as a trusted national brand, the company plans to increase its market […]

Cogne Acciai Speciali Acquires Mannesmann Stainless Tubes Group for EUR 135 Million

cogne

Cogne Acciai Speciali SpA has signed a contract with Salzgitter AG to acquire Mannesmann Stainless Tubes GmbH with its subsidiaries and operating plants in Germany, France, Italy and the USA. Mar 15, 2024 Leading global producer of long stainless steel products and nickel alloys Cogne Acciai Speciali SpA has signed a contract with Salzgitter AG […]

Coil Processing Solutions Provider FIMIGroup Acquires FRANCI Srl for EUR 7.5 Million

fimigroup

FIMIGroup acquired 60 workplaces and an industrial site measuring more than 10,000 sq m of FRANCI Srl for EUR 7.5 million. Mar 15, 2024 Leading global coil processing solutions provider FIMIGroup has announced the acquisition of FRANCI Srl, an Italian company founded in 1955, leader in the field of design and construction of dies and […]

Rishi Pipes & Tubes: Doubling its Capacity by February 2024

rishi pipes

Rishi Pipes & Tubes Private Limited, a leading manufacturer of stainless steel pipes & tubes in Bangalore, is making significant strides in the stainless-steel pipes & tubes market, with plans to double its production capacity to 2000 tonnes per month by February 2024. In a recent interview with Tube & Pipe India during Steelfab 2024, […]

Outokumpu & Siemens Join Forces to Reduce Carbon Emissions

outokumpu

Outokumpu and Siemens have joined forces to reduce carbon emissions in the production of medium-voltage switchgear. Outokumpu Circle Green®, with up to a 93 percent lower carbon footprint than the industry average*, will be used to produce medium-voltage switchgear. Dec 13, 2023 Outokumpu, the global leader in sustainable stainless steel, and Siemens, a technology company […]

Directorate General of Trade Remedies Initiates Anti-Dumping Investigation on Stainless Steel Welded Pipes from Thailand & Vietnam

stainless steel welded pipes

The Directorate General of Trade Remedies (DGTR) of India officially announced the initiation of an anti-dumping investigation on stainless steel welded pipes from Thailand and Vietnam. Sep 30, 2023 Recently, the Directorate General of Trade Remedies (DGTR) of India officially announced the initiation of an anti-dumping investigation on stainless steel welded pipes from Thailand and […]

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