Annual Report 2010 - Outokumpu

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42 Tubular products 43 47 66 Long products 55 38 52 Total deliveries of the division 443 335 541 As of 1 March 2011, the organisation of Specialty Stainless changes. The former business units Special Coil & Plate and Thin Strip are replaced by the business units Special Coil and Special Plate. Special Coil comprises the flat products' production unit in Avesta, Sweden and the former Thin Strip unit in Nyby, Sweden. Special Plate comprises the quarto plate production units in Degerfors, Sweden, and New Castle, USA, the Nordic plate service centre in Degerfors as well as the unit in Willich, Germany. At the Group's Avesta Research Centre in Sweden, the focus of R&D is on developing new grades of stainless steel, new applications and identifying the best solutions for each Outokumpu customer. Outokumpu Annual Report 2010 – Business – Specialty Stainless
43 Special Coil and Plate Special Coil and Plate offers a wide range of special grades and products in a variety of dimensions. Production facilities Special Coil and Plate consists of the integrated Avesta production facility (coil and continuously-produced plate) and Hot Rolled Plate (quarto plate) production in Degerfors in Sweden and New Castle in the US. As of 1 March 2011, Special Coil and Plate as well as Thin Strip are reorganised into Special Coil and Special Plate. Special Coil comprises the flat products' production unit in Avesta, Sweden and the former Thin Strip unit in Nyby, Sweden. Special Plate comprises the quarto plate production units in Degerfors, Sweden, and New Castle, USA, the Nordic plate service centre in Degerfors as well as the unit in Willich, Germany. Products and production Avesta is a world-class supplier to the process industry of thick, two-metre-wide cold rolled and white hot rolled products as well as continuously-produced plate. The integrated Avesta production facility covers the entire production chain from melt shop through hot rolling to cold rolling. Approximate annual operational production capacities at Avesta total: 500 000 tonnes for melting with the current mix 450 000 tonnes hot rolling (at current manned capacity) 250 000 tonnes of finished products Avesta supplies the Nyby and Kloster cold rolling mills with black hot band and white hot strip material. Slabs and hot rolled plate are supplied to heavy plate operations (quarto plate). Outokumpu is the market leader in heavy plate with a more than 30% market share in Europe and a 10% market share in North America. Thick, wide, and individually rolled quarto plates are used in demanding applications in the pulp and paper, oil and gas, power plant and desalination segments, as well as in chemical tankers. Outokumpu produces quarto plates at Degerfors, Sweden and in New Castle, in the US. Annual production capacity in quarto plates is currently 110 000 tonnes at Degerfors and 70 000 tonnes at New Castle. The Group's plate service centres in Europe complement these facilities. To expand Outokumpu's ability to broaden its product mix and produce more special grades, a decision to invest EUR 104 million at Degerfors in Sweden was made in 2010. By 2014, production capacity at this site will have increased by 40 000 tonnes to an annual level of 150 000 tonnes and the Group's annual quarto plate production capacity will have correspondingly expanded to a total of 220 000 tonnes. In accordance with Outokumpu strategy, the product mix at Avesta and quarto plate production at both Degerfors and New Castle are being shifted from standard grades towards the increased production of value-added, customised special grades – especially duplex grades – to ensure that end-user and project customers can be offered the Group's entire product range. Outokumpu Annual Report 2010 – Business – Special Coil and Plate
Page 1 and 2: Annual Report 2010
Page 3 and 4: Table of contents Outokumpu - an in
Page 5 and 6: Group Executive Committee .........
Page 7 and 8: 1 Outokumpu - an international stai
Page 9 and 10: 3 CEO's review 2010 was characteris
Page 11 and 12: 5 Next steps The managerial agenda
Page 13 and 14: 7 Group key figures 2010 2009 2008
Page 15 and 16: 9 Strategic themes Outokumpu's stra
Page 17 and 18: 11 Excel in operations Safe working
Page 19 and 20: 13 Management discussion of financi
Page 21 and 22: 15 € million Operating profit Gen
Page 23 and 24: 17 When the additional ferrochrome
Page 25 and 26: 19 also resulted in a substantial i
Page 27 and 28: 21 Group earnings per share totalle
Page 29 and 30: 23 € million Stainless steel base
Page 31 and 32: 25 Developing Outokumpu's corporate
Page 33 and 34: 27 A significant proportion of Outo
Page 35 and 36: 29 Market position In recent decade
Page 37 and 38: 31 amount of stainless steel consum
Page 39 and 40: 33 General Stainless - high-quality
Page 41 and 42: 35 An efficient, integrated single-
Page 43 and 44: 37 chromium ore was found to extend
Page 45 and 46: 39 Long Products Sheffield The Shef
Page 47: 41 Specialty Stainless key figures
Page 51 and 52: 45 Outokumpu Stainless Tubular Prod
Page 53 and 54: 47 Group level functions Outokumpu'
Page 55 and 56: 49 Headquarters in Belgium Outokump
Page 57 and 58: 51 Expansion of our service centre
Page 59 and 60: 53 Supply Chain Management Procurem
Page 61 and 62: 55 50% compared to 2009. The ferroc
Page 63 and 64: 57 Research and development Product
Page 65 and 66: 59 perfectly safe for use in equipm
Page 67 and 68: 61 Stainless is optimal for sustain
Page 69 and 70: 63 Environmental goals and results
Page 71 and 72: 65 Results 2010 Sheffield melt shop
Page 73 and 74: 67 Until the beginning of 2009, sla
Page 75 and 76: 69 Material balance Materials used,
Page 77 and 78: 71 Improving waste handling and pre
Page 79 and 80: 73 Primary actions included in the
Page 81 and 82: 75 Despite of protective actions ag
Page 83 and 84: 77 Stainless steel in innovations a
Page 85 and 86: 79 Emissions and effluents One of O
Page 87 and 88: 81 ficiation and clarification basi
Page 89 and 90: 83 Water - a natural resource for c
Page 91 and 92: 85 Water withdrawal and discharges
Page 93 and 94: 87 studies monitoring the prevailin
Page 95 and 96: 89 Environmental investments furthe
Page 97 and 98: 91 Outokumpu and stakeholders The s
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93 Goals for 2011 Improve HR report
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95 Personnel facts and figures Outo
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97 The US 330 321 403 Others 33 33
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99 Open communication Employee moti
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101 Compensation and benefits Outok
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103 Developing our people through c
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105 Health and safety Health and sa
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107 Everyone deserves a safe workin
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109 We value our stakeholders' opin
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111 Outokumpu and our customers - a
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113 Current and future employees Bo
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115 our home market Europe, resulte
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117 Production employees are repres
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119 Public sector support, sponsori
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121 Regulatory framework Outokumpu
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123 General Meeting of Shareholders
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125 To make other proposals to Gene
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127 Board committees The Board of D
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129 The CEO and Deputy CEO The Chie
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131 Group Corporate Management Outo
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133 Vice Chairman of the Board, Soi
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135 Key aspects of internal control
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137 Controller meetings were organi
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139 Risk management Outokumpu opera
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141 Strategic and business risks St
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143 Operational risks Operational r
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145 Both these financial risks and
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147 Good level of environmental man
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149 Climate change is taken serious
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151 Ethics, corporate responsibilit
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153 Internal audit monitors complia
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155 Outokumpu Annual Report 2010 -
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157 Solidium Oy 56 440 597 30.8 The
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159 Board authorisations Board Auth
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161 Shares subscribed with 2003B op
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163 programme for the earnings peri
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165 Information for shareholders An
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167 Stock exchange releases 2010 2
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169 Members of the Executive Commit
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171 Responsibility: HR strategy and
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173 Board member: Marzac Investment
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175 Based on its own assessment, Ou
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177 Risk management 4.10 Processes
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179 8 EN15 Species with extinction
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181 Human Rights Investment agreeme
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183 Fines for non-compliance PR9* c
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185 Measurement techniques Economic
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187 Days lost due to strikes is cal
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189 • Tested the completeness, ac
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191 8% from 2009. The clearly highe
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193 Profitability Earnings per shar
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195 During 2010, Outokumpu's net in
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197 Outokumpu's strategic prioritie
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199 Outokumpu is participating in t
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201 Outokumpu has been systematical
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203 completed in November 2010 and
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205 Short-term outlook Following th
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207 Opinion on the company's financ
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209 Diluted earnings per share, €
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211 Retained earnings 1 365 1 735 N
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213 Proceeds from sale of property,
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215 Key financial figures of the Gr
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217 Quarterly information Income st
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219 Share-related key figures 2010
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221 Definitions of key financial fi
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223 Income statement of the parent
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225 Share capital 311 309 Premium f
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227 Disposals of intangible assets
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Outokumpu is a global leader in sta
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Annual Report 2010 - Outokumpu

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