Industry Update
Broder Metals Group achieves Bronze Award materials with consistency, traceability, and precision. As demand for advanced alloys continues to grow in critical applications, its focus remains on supporting the sector with the highest-quality nickel alloys and stainless steel.
Broder Metals Group has achieved the prestigious SC21 Bronze Award, reflecting the dedication of its team to strengthening quality, performance, and supply chain reliability. The SC21 programme is widely respected across the aerospace and defence sectors, and achieving Bronze status demonstrates that it is operating to industry-recognised standards while building a strong foundation for future growth. For its customers in the aerospace industry, this milestone reinforces confidence in its ability to deliver high-performance
Aperam acquires Magnetec Group
Aperam S. A. has acquired the Magnetec Group, a producer of nanocrystalline soft magnetic components. The transaction supports the continued development of Aperam’ s Alloys & Specialties division by expanding its downstream activities and strengthening its position in electrical engineering and electronics markets globally. Magnetec Group, headquartered in Hanau, Germany, operates a vertically integrated value chain for nanocrystalline ribbons and cores. The company serves Automotive, Energy, Safety and General Industry customers across Europe, Asia and the United States, with production facilities in Hungary, Moldova, Vietnam and China. This acquisition builds on the successful initial development of Aperam’ s components activities within the Alloys & Specialties division in France and China.
L & T secures order from BCGCL
L & T Energy Hydrocarbon Onshore continued the momentum from its recent large order win, by securing another EPC order from Bharat Coal Gasification and Chemicals Ltd( BCGCL), for a Coalto-Ammonium-Nitrate project in Odisha. L & T Onshore will deliver an Ammonia Synthesis Unit designed for sustained operations, high on-stream factors, and stringent safety standards, aligned with evolving industry benchmarks. The scope of work includes the process licence, basic design, detailed engineering, procurement and construction, covering mechanical completion, pre-commissioning, and commissioning etc.
62 Stainless Steel World June 2026 www. stainless-steel-world. net