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27 Feb
20:56

Outokumpu sees no short-term Ukraine war business impact

Outokumpu says it does not expect any short-term material impact from the war in Ukraine on its operations but that procurement of raw materials and energy gases could be impacted if the situation continues. Outokumpu’s main raw material is scrap, which accounts for more than 90% of production. There is no dependency on Russia or Ukraine for recycled steel and only a limited amount of total nickel requirement is currently sourced from Russia. &ldqu…
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