Stainless Steel World Magazine April 2024 | Page 7

[ Special Focus ]

[ Special Focus ]

Outokumpu ranked in Clean200 list the medical technology sector , the food industry , chemical and plant engineering , in addition to general mechanical engineering . The Mannesmann Stainless Tubes Group produces seamless stainless steel and nickel-based tubes at its sites in Germany , France , Italy and the USA . Accordingly , the products of the Mannesmann Stainless Tubes Group are predominantly deployed in power plant construction and the chemical and petrochemical industries .
Outokumpu has been ranked among the top 50 companies in the world on Corporate Knight ’ s List of Clean Companies . Outokumpu placed 33rd on the list released by Corporate Knights . The ranking rates companies capturing the green transition in full flight , cataloguing the publicly traded companies that are leading clean economy solutions and earning the most from sustainable sources . The data set is developed through assessment of a company ’ s revenue that aligns with the definitions laid out in the Corporate Knights Sustainable Economy Taxonomy , sourced from Corporate Knights research . To be eligible , a company must earn more than 10 % of total revenues from clean sources .
Swiss Steel Group introduces UGIMA ® -X
Salzgitter AG sells MST to Cogne Acciai Speciali
The Salzgitter Group has sold the Mannesmann Stainless Tubes Group ( MST ) to Cogne Acciai Speciali for a purchase price of EUR 135M . Cogne Acciai Speciali manufactures long products in stainless steel ( austenitic , martensitic , ferritic , duplex and super-duplex grades ) and nickel-based alloys for aerospace , automotive , energy – and in particular the oil and gas – industry as well as serving
The Swiss Steel Group has introduced new UGIMA ® -X 4460 grades to this duplex stainless steel family , which is known for its easy machinability . The new UGIMA ® -X grades are characterised by their reproducible behaviour during machining , thus offering higher productivity and optimal adaptability to the various cutting conditions on automatic and CNC machines . These steels ensure optimum chip splitting and a longer service life for cutting tools . This also increases the efficiency of machining . UGIMA ® offers exceptionally good machinability and reproducibility from one batch to the next .