Outokumpu received ISSF sustainability award

PRESS RELEASE

26 May 2011 at 1.00 pm EET
  
The International Stainless Steel Forum (ISSF) has granted the first ISSF Sustainability Award for Outokumpu. The acknowledgement was received in ISSF Annual General Meeting in Madrid, Spain on 22 May 2011. The recognition was based on Outokumpu's determined actions and great achievements in reducing waste to landfill and increasing material efficiency in Sheffield.

David Martin, chairman of the ISSF Health & Environment Committee comments: "Outokumpu's Sheffield melting shop case is an excellent example of sustainable development. Minimising waste is in everyone's interest and this case demonstrates significant improvements with clear figures."

Outokumpu established a sustainable recovery and re-use route for different stainless steel waste in Sheffield. Slag was re-used in the production of asphalt and waste refractory material was used as a substitute for limestone in the stainless steelmaking process. These actions have led to dramatic reduction in waste to landfill. Since 2007 over 80% of all slag has been recovered and re-used as road stone in the asphalt production. During 2010 half of all refractory waste generated on site was re-used as a lime substitute.

Outokumpu's CEO Mika Seitovirta comments: "I'm pleased and honored to receive recognition for our efforts in the area of sustainability. This encourages us to work towards our long-term target - minimum waste in the production process."

For more information please contact:

Tuomas Haikka, VP - Sustainability & Environment, tel. +358 9 421 4241,
mobile +358 40 749 4218

John Beeley, General Manager, SMACC, tel. +44 114 261 6076, mobile +44 7808 328 171
  
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 8 000 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