Outokumpu records decline in 2005 stainless sales
Outokumpu announced 8 percent year on year decrease in
stainless steel deliveries of 2005 mainly due to low demand as a result of strong de-stocking in
Europe and roll-out of new capacity in
China.
The company's total steel deliveries in 2005 totaled 1.65 million metric tons while the deliveries in 2004 were near to 1.79 million metric tons.