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Outokumpu Appoints Mr Rajeev Sherry as MD of Indian Operations

Steel News - Published on Wed, 09 Oct 2019

Image Source: Outokumpu
Global Stainless Steel major Outokumpu has appointed Mr Rajeev Sherry as Managing Director to head company’s India operations. Mr Sherry, an engineering graduate and post graduate in Business Management, has earlier worked in various senior roles in Major Indian and global metal companies including Hindalco, Alcan and Rio Tinto. Mr Sherry said “Outokumpu is the global leader in stainless steel and a pioneer in product and application innovations with production facilities in Finland, Germany, Sweden, the UK, the USA and Mexico. 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”

Mr Sherry also said “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. Outokumpu is recognized worldwide for its environmental work, and sustainability is at the core of the company’s purpose, working towards a world that lasts forever. Stainless steel itself is sustainable material, it is durable and 100% recyclable. The recycled content of Outokumpu products is over 85% against the industry average of 60%. Outokumpu’s unique track record in sustainable performance is the result of a long-term commitment, and in India, we will continue on the same path”

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Posted By : Ratan Singh on Wed, 09 Oct 2019
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