[ Industry Update ]
[ Industry Update ]
Acerinox obtains ISO 20400 certification geographic reach. Once completed, the transaction will position Worthington Steel as the second major steel service center company in North America by revenue. The transaction broadens Worthington Steel’ s product portfolio, end market exposure and geographic footprint.
ISO 20400 certification recognition situates Acerinox among the top industrial firms in the world in integrating sustainability and operational excellence throughout its entire value chain. While this certification validates the strength of Acerinox’ s internal systems, the company considers that the true success of this model lies in its execution. Acerinox has two fundamental pillars: the talent and motivation of its workforce, and close collaboration with suppliers whose values align with those of the organisation. These synergies allow the technical excellence of the Group’ s stainless steel and special alloys to coexist with a firm ethical and social commitment. ISO 20400 facilitates more streamlined risk management and a timely response to the operational, financial, and sustainability challenges of the modern industrial sector.
Son Ha SSP receives BIS Certification
Son Ha SSP Co., Ltd.- a major stainless steel manufacturer in Vietnam- has been granted certification by the Bureau of Indian Standards( BIS) for its cold-rolled stainless steel coil products, marking an important milestone in its journey of market expansion and deeper integration into the global supply chain. The scope of certification covers commonly used and highly applicable steel grades in the market, including: Stainless steel grades: N1, N7, Stainless Steel 304, Stainless Steel 430; Width: from 650 mm to 1,250 mm; Thickness: from 0.2 mm to 6 mm; Surface finishes: CR, 2D, 2B, BA. With BIS certification, partners and customers in India can now legally and conveniently import high-quality stainless steel products directly from Son Ha SSP, ensuring full compliance with local market regulations.
Worthington Steel to acquire Kloeckner & Co
Worthington Steel has entered into a Business Combination Agreement with Kloeckner & Co. Listed in Germany, Kloeckner & Co is a major service center and metal processing company with approximately 110 locations across North America and Europe. Over the past few years, Kloeckner has been transitioning toward high valueadded processing and fabrication via M & A and strategic growth initiatives. The proposed acquisition represents a strong strategic fit and advances Worthington Steel’ s growth strategy by strengthening its position in the North American metal processing sector. It will create a larger and more diversified metals processing pioneer with an enhanced product offering and broader
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