Inoxum to bring big growth in N. America: Outokumpu

Oct 09, 2012 | 03:32 PM | Thorsten Schier

Tags  Outokumpu, Inoxum, Calvert plant, Terni mill, Tubificio di Terni, stainless steel, Thorsten Schier

NEW YORK — Outokumpu Oyj expects to grow significantly in North America as a result of its proposed merger with ThyssenKrupp AG stainless arm Inoxum Group, the company said Tuesday.

"In addition to the synergy savings, the transaction carries a significant growth upside in North America through a new integrated stainless steel mill in Calvert, Ala.," Outokumpu said, confirming its commitment to selling Essen, Germany-based Inoxum’s Terni mill in Italy....

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