Published: 15:00 CET 19-03-2010 /HUGIN /Source: Outokumpu Oyj /HEX: OUT1V /ISIN: FI0009002422
STOCK EXCHANGE RELEASEMarch 19, 2010 at 4.00 EET
The stevedores' strike in Finland ended today, March 19, 2010. The employees of R�ytt� harbour in Tornio will return to their workplace on Monday March 22, 2010.
During the strike Outokumpu managed to secure all customer deliveries and raw material supply for the production of ferrochrome and stainless steel by using sub-contractors to load and unload the ships. Consequently, the financial impact of the strike was marginal.
For more information, please contact:
Pekka Erkkil�, EVP - General Stainless
Phone: +358 9 421 5503, mobile +358 40 514 8121
OUTOKUMPU OYJ
Outokumpu is a global leader in stainless steel with the vision to be the undisputed number one. Customers in a wide range of industries use our stainless steel and services worldwide. Being fully recyclable, maintenance-free, as well as very strong and durable material, stainless steel is one of the key building blocks for sustainable future. Outokumpu employs some 7 500 people in more than 30 countries. The Group's head office is located in Espoo, Finland. Outokumpu is listed on the NASDAQ OMX Helsinki.
www.outokumpu.com
ENG Stevedores' strike ended 19.3.2010
HUG#1395695
Outokumpu is based in Finland.