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Outokumpu unit wins Mexican Mint contract

Keywords: Tags  Outokumpu, Outokumpu Mexinox, Mexican Mint, stainless steel, coin blanks, Daniel Fitzgerald

NEW YORK — Outokumpu Oyj has won a contract with the Mexican Mint to supply stainless steel coin blanks for its export business.

Outokumpu Mexinox SA de CV, a San Luis Potosí, Mexico-based subsidiary of the Finnish company, is already a supplier to the Mexican Mint for its domestic currency bimetallic coin production.

"Stainless steel is used for coinage in several countries, but is a relatively new offering for Latin America. The stainless steel application requires exceptional surface quality on both sides of the delivered strips, as well as consistent gauge and hardness control," Outokumpu said.

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