Outokumpu Oyj: Update Following Recent Upgrade to B2 Positive
CORPORATES CREDIT OPINION 25 May 2017 Update RATINGS Outokumpu Oyj Domicile Finland Long Term Rating B2 Type LT Corporate Family Ratings Outlook Positive Please see the ratings section at the end of this report for more information. The ratings and outlook shown reflect information as of the publication date. Contacts Hubert Allemani 44-20-7772-1785 VP-Senior Analyst [email protected] AnkOutokumpu is organized into the following five business areas: Coil Europe, Middle East and Africa, which consists of stainless operations as well as ferrochrome production in Europe; Coil Americas, which produces standard austenitic and ferritic grades as well as tailored products; APAC, which includes cold rolling facility and coil and plate service center in China, as well as a coil service center in Australia; Quarto Plate, which is comprised of the quarto plate production facilities in Sweden and in the U.S.; as well as Long Products, in which its products are used in a range of applications such as springs, wires, surgical equipment, automotive parts and construction.
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