Outokumpu inaugurates operations in Degerfors a...

PRESS RELEASE
October 2, 2009 at 8.00 am CET


Today, a dispatch hall is inaugurated in Degerfors and on October 5,
a grinding machine and a new entry section to the annealing and
pickling line is inaugurated in Nyby, Torshälla. The investments,
totally 65 million euro, are based on Outokumpu's strategy to
increase sales of special grades and to increase sales to end users.

The dispatch hall at Outokumpu in Degerfors is a state-of-the-art,
fully automized storage with integrated packaging and dispatch. The
trains and trucks that shall ship the stainless steel forward are
being loaded inside the hall. The surface of the hall is 7,500 square
metres and it can store 4 500 tons. The new operation increases the
possibilities to give good customer service and delivery performance.

The new grinding machine with a automized intermediate storage and
the entry section to the annealing and pickling line in Nyby,
increases the production capacity for special grades from 34,000 tons
to over 70,000 tons a year.

"We have a long-term belief in the market for stainless steel and the
investments are a part of this. The dispacth hall in Degerfors will
increase efficiency and product quality since the operations can now
be held indoors. In Nyby, we are removing a bottle neck from the
production and can now improve quality even further", says Bo Annvik,
head of division Outokumpu Specialty Stainless.


Outokumpu in Degerfors produces stainless thick plates, so called
quarto plates, that are used for bridges, tankers and desalination
plants for example. Outokumpu in Nyby produces stainless thin strip
for among others, heat exchangers and water heaters.

For more information, please contact:

Bo Annvik, head of division Outokumpu Specialty Stainless, tel +46
226 826 01


This announcement was originally distributed by Hugin. The issuer is 
solely responsible for the content of this announcement.