Outokumpu records decline in 2005 stainless sales

Tuesday, 17 January 2006 15:31:06 (GMT+3)   |  

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.

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