Outokumpu Oks New Indian Stainless Facility

August 2007
Metal Center News;Aug2007, Vol. 47 Issue 9, p12
Trade Publication
The article reports that Outokumpu Oyj has approved the plans to build a greenfield stainless steel service center in India. The $41 million service center, which is expected to be in operation in the first quarter of 2007, will have an annual capacity to stock and process up to 50,000 tons of stainless steel coil. According to Yatinder Suri, the Indian stainless market has entered a phase of growth which is the most appropriate time for Outokumpu to support the emerging needs of the country.


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