Finnish steelmaker Rautaruukki (
Ruukki) has announced that it has signed a €10 million contract with
Finland-based stainless steel producer Outokumpu to manufacture and install steel structures for the ferrochrome smelter at its Tornio Works in
Finland.
Accordingly, Outokumpu plans to double its ferrochrome
production capacity in
Finland, while the new smelter will enable the
production of high-quality ferrochrome with minimal emissions and efficiency of energy consumption.
Deliveries will commence in March this year and the installation work is scheduled to be completed in January 2012. The steel structures will be manufactured mostly at
Ruukki's Ylivieska works in
Finland.