Outokumpu wins a new contract with Casa de Moneda de Mexico

OUTOKUMPU OYJ
PRESS RELEASE
July 31, 2013 at 9.30 am EET


Outokumpu has won a contract with Casa de Moneda de Mexico (The Mexican Mint) supplying coin blanks to support the Latin American marketplace. Outokumpu’s Mexinox facility, located in San Luis Potosí, Mexico, is a regular supplier to Casa de Moneda for its Mexican currency bimetallic coin production. The new contract supports Casa de Moneda on its export business for stainless steel coin blanks.

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. It is due to the mastery of such applications that Outokumpu was awarded this new contract.

Casa de Moneda’s Luis Sanchez comments on the Casa de Moneda-Outokumpu partnership: “As we continue to expand our business, we rely on the technical expertise, quality and expansive portfolio that Outokumpu offers.”

Established in 1535, Casa de Moneda is America’s oldest mint. Satisfying the demand for coins, coin blanks and commemorative medals for Mexico, as well as for countries around the world, Casa de Moneda has developed worldwide prestige through its high quality coinages, the fidelity of its alloys, its advanced technology and the artistic excellence of its designs.

For more information:

Saara Tahvanainen, tel. +358 40 589 0223

Outokumpu Group

Outokumpu is the global leader in stainless steel and high performance alloys. We create advanced materials that are efficient, long lasting and recyclable – thus building a world that lasts forever. Stainless steel, invented a century ago, is an ideal material to create lasting solutions in demanding applications from cutlery to bridges, energy and medical equipment: it is 100% recyclable, corrosion-resistant, maintenance-free, durable and hygienic. Outokumpu employs more than 15 000 professionals in more than 40 countries, with headquarters in Espoo, Finland and shares listed in the NASDAQ OMX Helsinki. www.outokumpu.com