The strike at Finnish stevedores (AKT) has started to impact Outokumpu’s operations in Röyttä harbour in Tornio. All operations in the harbour have currently stopped. Immediately after the start of the strike on 4 March, Outokumpu managed to secure operation of the private part of the harbour with the help of subcontractors. Outokumpu is currently not able to carry out these arrangements. It is estimated that by 16 March, production of stainless steel and ferrochrome would stop in Tornio. If production would totally cease, the financial impact of the strike on Outokumpu’s result is estimated to be some EUR 1 million per day.
