US distributor opens Hungary facility
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US distributor opens Hungary facility

Published: 20 Feb 2017

United Performance Metals (UPM) has opened a new 1,000-square-metre specialty metals distribution, sales and processing facility in Budapest, Kallanish learns from the US-headquartered stainless steel distributor. The facility is UPM’s third outside the US after Belfast and Singapore. “This is a great opportunity to bring our full line of products and processing services to our customers

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US service center supply falls to 31-month low

Published: 20 Feb 2017

The volume of steel supply on hand at US service centers plummeted to 2.2 months in January from 2.8 months in December, according to Metals Service Center Institute data released Wednesday. Canadian steel supply at service centers followed a similar pattern. The last time the inventory-to-shipment ratio, or supply on hand, reached 2.2 months was

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ISTA elects new chairwoman

Published: 14 Feb 2017

The International Steel Trading Association (ISTA) elected Simone Jordan as chairwoman at its AGM earlier this month. Jordan, a trader at Ronly Ltd., takes over from Jeff Kabel who served as chairman for three years. Tony Singer was re-elected as president while Brian Paterson of Duferco UK and Alan Fowle of Fowle & Co. will

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Stalprofil, Izostal win $35.5m Gaz-System pipe contract

Published: 14 Feb 2017

Stalprofil has won an order as part of a consortium with Izostal to supply internally-coated DN 1,000 pipe to Gaz-System for construction of two pipelines in Poland. The PLN 144 million ($35.5m) contract will ensure supply of pipe for sections of the Lwowek-Odolanow and Zdzieszowice-Kedzierzyn pipelines, which have a combined length of 66km. Delivery of the

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EU gives OK for distribution JV between AM and Cellino

Published: 01 Feb 2017

The European Commission has authorized the acquisition of “joint control” of the Italian company Steelcame by the French arm of ArcelorMittal and the Italian company Cellino, it announced Monday in Brussels. Steelcame is a newly created company to which ArcelorMittal and Cellino will contribute pre-existing assets in France, Italy and Poland. The new company will

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