Outokumpu opens new stainless bar and rebar pla...

PRESS RELEASE
June 15, 2010 at 11.00 am EET


A new stainless steel bar and rebar facility is being officially opened today in
Sheffield, UK. The plant, an investment of some EUR 10 million, can offer
stainless steel rebar in straight lengths or formed components as well as
producing cold drawn bar. Significantly, Outokumpu can now serve its UK long
products customers from a production route which is completely integrated in
Sheffield, in addition to broadening its product offer in the global market
place.

The Long Products business is already a well-established supplier of
semi-finished stainless steel products such as slab, billet and wire rod to
customers worldwide and the investment will enable Outokumpu to move into new
markets further downstream with a more complete product range.

Tommy Grahn, Senior Vice President, Long Products says:
"I am extremely glad that we have now invested in Sheffield, allowing us to add
value to our existing wire rod products in a way which markedly increases our
service offering to our customers in Europe and across the globe. One of the
most exciting aspects of this new plant is its ability to process our
proprietary LDX2101 duplex grade into rebar. This is a product which can really
ignite the potential for stainless steel rebar and provide a solution to the
serious problem of corrosion in many reinforced concrete structures."


For more information please contact:

Tommy Grahn, Senior Vice President - Long Products, tel. [phone]



OUTOKUMPU OYJ


Outokumpu is a global leader in stainless steel with the vision to be the
undisputed number one. Customers in a wide range of industries use our stainless
steel and services worldwide. Being fully recyclable, maintenance-free, as well
as very strong and durable material, stainless steel is one of the key building
blocks for sustainable future. Outokumpu employs some 7 500 people in more than
30 countries. The Group's head office is located in Espoo, Finland. Outokumpu is
listed on the NASDAQ OMX Helsinki.
www.outokumpu.com <

http://www.outokumpu.com/>



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    ENG LP inauguration Sheffield: 

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