General Stainless – high-quality standard stainless steel
Outokumpu's General Stainless division produces high-quality standard stainless steel in the form of coil, sheet and long products. The main market is Europe. In this standard high-volume market segment, cost efficiency, high quality and delivery reliability are key competitive advantages. Outokumpu aims to maintain its cost leadership in standard stainless steel grades through the advantages offered by the Group's integrated stainless steel plant in Tornio, Finland.
The main applications for General Stainless products are in industrial segments such as chemicals and petrochemicals, construction and energy-related industries, pulp and paper, catering and households. Customers are mainly distributors and processors who stock and process stainless steel to serve end customers.
General Stainless consists of Tornio Works and Long Products. The majority of the Group's stock and processing units and its sales companies are also reported under General Stainless.
| € million | 2009 | 2008 | 2007 |
| Sales | 2 065 | 4 147 | 5 321 |
| of which Tornio Works | 1 292 | 2 701 | 3 468 |
| Operating profit | -259 | -6 | 220 |
| of which Tornio Works | -183 | 66 | 178 |
| Non-recurring items in operating profit | - | - | - |
| Operating capital on Dec. 31 | 2 421 | 2 663 | 2 607 |
| Return on operating capital, % | -10.2 | -0.2 | 8.1 |
| Capital expenditure | 129 | 332 | 57 |
| Depreciation | 141 | 135 | 133 |
| Personnel on Dec. 31 | 3 753 | 3 938 | 3 571 |
| 1 000 tonnes | |||
| Deliveries of main products | |||
| Cold rolled | 486 | 628 | 587 |
| White hot strip | 248 | 297 | 270 |
| Semi-finished products | 196 | 340 | 383 |
| Total deliveries of the division | 929 | 1 265 | 1 240 |

