Outokumpu announced it has signed an agreement with Lujiazui International Ltd regarding Shanghai Krupp Stainless Co. (SKS) in China. SKS is a Shanghai-based joint venture between Outokumpu and Baosteel, holding 60% and 40% respectively. Being part of Outokumpu’s APAC business area, SKS has a cold-rolling capacity of 290,000 tonnes and the mill employs over 450 people.
19 Oct 2015
Significant disposal in China
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Significant disposal in China
Outokumpu Oyj (OUT1V:HEL) | 0 0 2.1% | Mkt Cap: 2,681m
- Published:
19 Oct 2015 -
Author:
Fabrice Farigoule -
Pages:
2
Outokumpu announced it has signed an agreement with Lujiazui International Ltd regarding Shanghai Krupp Stainless Co. (SKS) in China. SKS is a Shanghai-based joint venture between Outokumpu and Baosteel, holding 60% and 40% respectively. Being part of Outokumpu’s APAC business area, SKS has a cold-rolling capacity of 290,000 tonnes and the mill employs over 450 people.