Outokumpu has recently divested its quarto plate mill in New Castle, Indiana, US to D’Orazio Capital Partners, a US-based private equity company and to the mill’s current management, as it serves Outokumpu’s financial and operational interests. The cash consideration of the transaction is expected to be approximately EUR 28M, depending on the amount of the net working capital at the closing. The transaction reduces Outokumpu’s net debt by approximately the same amount. Outokumpu does not consider the financial impact of the transaction to be material, and reports the transaction as an adjustment in the first-quarter 2017 results. Outokumpu’s other American operations remain unchanged.