Outokumpu's stainless steel slabs improve yield and cost efficiency in heavy forging

OUTOKUMPU OYJ
TRADE PRESS RELEASE
September 16, 2015 at 10.00 am EET

Using stainless steel slabs instead of ingots in heavy forging provides significant cost and material savings. Outokumpu, global leader in high performance stainless steels, will showcase its 300 mm thick stainless steel slabs at MetalForm China 2015 in Shanghai.

Cast slabs up to 300 mm in thickness offer numerous benefits over traditionally used ingots. Forging an ingot requires more heating, work, energy and time than forming a slab. Due to the ingot's narrow, tapering shape, the heads and tails must be discarded, resulting in wasted material. Using slabs saves resources and increases yield by 8 to 15%.

Continuously cast slabs are delivered ground or unground up to a maximum weight of 30 tonnes. Stainless steel slabs are used widely in demanding applications such as flanges, power plant components, shipbuilding, marine parts and petrochemical pipes and parts. Outokumpu is the only company in Europe to produce 300 mm thick stainless steel slabs.

Praised by customers for its high standards of quality and reliability, Outokumpu has extensive experience supplying semi-finished products to forging customers around the world. Outokumpu's expert teams provide tailored advisory services helping customers choose the ideal product for their specific application.

Outokumpu has over a century of experience creating efficient, long-lasting and recyclable stainless steels. Its global offering includes quality-critical long products for forging, and the production sites are located in the UK, Sweden and the US.

Outokumpu is displaying its cast stainless steel semi-finished offering at booth #F16 at MetalForm China, Shanghai from 16 to 19 September 2015.

Read more about Outokumpu's long products portfolio at outokumpu.com/longproducts.

For more information:

Corporate communications, tel. +358 40 574 9210

Outokumpu Group

Outokumpu is a global leader in stainless steel. We create advanced materials that are efficient, long lasting and recyclable - thus building a world that lasts forever. Stainless steel, invented a century ago, is an ideal material to create lasting solutions in demanding applications from cutlery to bridges, energy and medical equipment: it is 100% recyclable, corrosion-resistant, maintenance-free, durable and hygienic. Outokumpu employs more than 12 000 professionals in more than 30 countries, with headquarters in Espoo, Finland and shares listed in Nasdaq Helsinki.www.outokumpu.com



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