Outokumpu delivers steel to monument in Mexico

PRESS RELEASE November 12, 2010 at 2.00 pm EET The state of Mexico is building a 104 meters high monument in stainless steel in central Mexico City to celebrate its 200 years of independency. The steel to the monument "Estela de Luz" ("Trail of light") will be delivered by Outokumpu to the project's main contractor Euroguarco in Italy. The order is for 1 500 tonnes of duplex special grades LDX 2101® and 2205 produced in Outokumpu's Degerfors site. The steel will be made into tubes in Italy and the monument will be built in Mexico before the end of 2011. "We chose Outokumpu for their reliability and high quality standard, since this project is quite complex and delicate", says Cristiano Ghirlanda, managing director at Euroguarco. "Our stainless steel offers durability and high strength, which enables a thinner and lighter construction. We believe that this project can be a breakthrough for our special grade LDX 2101® in architectural constructions and hope that it can give us more high profile projects in the future", says Tobias Larsson, product manager at Outokumpu. For more information, please contact: Tobias Larsson, Product Manager, Outokumpu Degerfors, tel +46 586 473 22, +46 70 201 28 92 Elisabeth Hansson, Communications Manager Sweden, tel +46 76 760 60 20 OUTOKUMPU OYJ Outokumpu is a global leader in stainless steel with the vision to be the undisputed number one. Customers in a wide range of industries use our stainless steel and services worldwide. Being fully recyclable, maintenance-free, as well as very strong and durable material, stainless steel is one of the key building blocks for sustainable future. Outokumpu employs some 7 500 people in more than 30 countries. The Group's head office is located in Espoo, Finland. Outokumpu is listed on the NASDAQ OMX Helsinki. www.outokumpu.com [HUG#1462059] ENG Monument in Mexico 12112010: http://hugin.info/3010/R/1462059/401080.pdf Photo 1_Estela de luz: http://hugin.info/3010/R/1462059/401081.jpg Photo 2_Estela de luz: http://hugin.info/3010/R/1462059/401082.jpg This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein. Source: Outokumpu Oyj via Thomson Reuters ONE
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