Wednesday, November 10, 2010

Outokumpu, Stainless Steel Producer, Finds Good Demand in India

http://www.businessworld.in/bw/2010_10_25_Outokumpu_Finds_Good_Demand_in_India.html
As per market estimates, currently the overall demand for stainless steel flat products for industrial segment in India is over 500,000 tonnes. The demand for industrial grades is set to grow three to four times in the next 8 to 10 years. There are severe limitations in the domestic capacity to manufacture high-end products including super austenitics, duplex and super duplex range, high temperature and high performance grades of stainless steel for hostile industrial applications as in coil and sheet with width wider than 1250mm. “Outokumpu has everything to offer and has a major role to play in India,” says YPS Suri, Chairman Outokumpu India.

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