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Outokumpu India to Focus on High End Stainless Steel Applications in India

Steel News - Published on Thu, 05 Dec 2019

Image Source: SteelGuru
Finnish Stainless Steel major Outokumpu announced that it will mainly focus on growing high end segment in India. Outokumpu India MD Mr Rajeev Sherry said “In India, the company will mainly focus on high end application segment including growing energy sector which include nuclear, renewable and fossil energy. Other key offerings include applications for oil & gas, railways, chemical processing industries, coastal bridges and desalination plants where human safety and process efficiency elements play a key role.”

He said “Stainless steel is the fastest growing segment of the metals industry with a variety of applications. New applications are being continuously developed to meet more stringent requirements. In India, demand for stainless steel is on constant increase due to awareness about the product and availability of right grades and sizes. The demand for the corrosion free metal is growing in high end industries including oil & gas, energy and shipping-related industries, railways, ports, infrastructure and automotive where corrosion is a serious issue.”

He added “Apart from providing speciality steel to high end industries, Outokumpu continues to offer competitive cost advantages to other segments such as Architecture, Building and Construction, food processing, capital goods, Railways and pulp & paper industry.”

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Posted By : Rabi Wangkhem on Thu, 05 Dec 2019
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