Finnish stainless steel producer Outokumpu announced on June 15 that it has opened a new stainless steel bar and rebar facility in Sheffield, UK. The plant, built with an investment of €10 million, can offer stainless steel rebar in straight lengths or formed components as well as producing cold drawn bar.
Commenting on the investment, senior vice president of long products Tommy Grahn said, "I am extremely glad that we have now invested in Sheffield, allowing us to add value to our existing wire rod products in a way which markedly increases our service offering to our customers in Europe and across the globe. One of the most exciting aspects of this new plant is its ability to process our proprietary LDX2101 duplex grade into rebar. This is a product which can really ignite the potential for stainless steel rebar and provide a solution to the serious problem of corrosion in many reinforced concrete structures."