Tag: Outokumpu

Outokumpu's Annual General Meeting of 27 March 2008 decided to establish a Shareholders' Nomination Committee to prepare proposals on the composition of the Board of Directors along with director remuneration for the following Annual General Meeting.

Outokumpu is expanding its operations in the Middle East by opening a sales company in Dubai, UAE.

As Outokumpu stated in the outlook of its third quarter interim report, stainless steel demand is currently weak and the company expects its fourth quarter delivery volumes to be at about the same level or slightly above the volumes in the third quarter, which is clearly below the company's full production capacity.

Outokumpu has stated in the outlook of its third quarter interim report, that the stainless steel demand is currently weak and the company expects its fourth quarter delivery volumes to be at about the same level or slightly above the volumes in the third quarter, which is clearly below the company's full production capacity.

Outokumpu’s plate prefabrication and surface-treatment capabilities have been put to work on two 9400dwt full-stainless steel chemical tankers under construction for the Italy-based shipowner Finbeta SpA.

Outokumpu has entered into an agreement with the Maharashtra government for setting up a coil and plate service centre in the state, entailing a cost of INR 270 crore.

Outokumpu has been chosen as the exclusive supplier of stainless steel piping for an extensive modernization and expansion at the Mondi Syktyvkar pulp and paper mill complex in Russia.

Outokumpu is the exclusive supplier of stainless steel piping for an extensive modernization and expansion at the Mondi Syktyvkar pulp and paper mill complex in Russia, in a rare direct supply to an end user within the industry.

An Outokumpu survey reports that the sales volume of stainless steel in the US in the first season of 2008 has dropped by 12.5% from the last quarter of 2007 due to weak demand in the global market.