At a special meeting, IPSCO shareholders voted
to approve the Plan of Arrangement whereby SSAB Svenskt Stal AB (SSAB) will
acquire all of the outstanding shares of IPSCO.
Six U.S. producers of welded standard steel pipe and the United Steelworkers union (USW) filed petitions in early June with the U.S. Dept. of Commerce and the U.S. International Trade
The U.S. International Trade Commission (ITC) on May 31 decided to revoke the existing antidumping duty orders on imports of oil country tubular goods from Argentina, Italy, Japan, Korea and
Swedish specialty steelmaker SSAB denied plans - sort of - to sell the steel pipe division of Canadian-U.S. firm IPSCO Inc., if its planned $7.7 billion takeover bid for the
The International Stainless Steel Forum (ISSF) expects that stainless crude steel production in 2007 will be higher than the record-level of production in 2006, mostly driven by recovery from 2005
Curtiss-Wright Corp. has acquired certain assets and liabilities of Valve Systems and Controls (VSC) for approximately $75 million. VSC provides critical valve, automation, and controls solutions for all facets of
Flowserve Corp. announced that the company has entered into an employment extension agreement with its president and CEO, Lewis Kling. Under the extension, Kling has agreed to be available to
The Delta Distributors announced that Philip Knipper, a 30-year PVF industry professional, has been appointed president of this national consortium of PVF distributors. Knipper recently resigned as a senior manager
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