Outokumpu Oyj - Company Announcement

Outokumpu Oyj - Outokumpu affected by stevedores strike in Finland

STOCK EXCHANGE RELEASE
March 8, 2010 at 3.45 pm EET


The strike of the Finnish stevedores (AKT) has started to impact Outokumpu's
operations in Röyttä harbour in Tornio. All operations in the harbour have
currently stopped.

Immediately after the start of the strike on March 4, Outokumpu managed to
secure operation of the private part of the harbour with the help of sub
contractors. Outokumpu is currently not able to carry out these arrangements.

This will consequently have an impact on Outokumpu's deliveries of stainless
steel and on the supply of raw materials. It is estimated that within a week,
production of stainless steel and ferrochrome would stop in Tornio. If
production would totally cease, the financial impact of the strike on
Outokumpu's result is estimated to be some EUR 1 million per day.

For more information, please contact:

Pekka Erkkilä, EVP - General Stainless
Phone: +358 9 421 5503, mobile +358 40 514 812


OUTOKUMPU OYJ




Outokumpu is a global leader in stainless steel with the vision to be the
undisputed number one. Customers in a wide range of industries use our stainless
steel and services worldwide. Being fully recyclable, maintenance-free, as well
as very strong and durable material, stainless steel is one of the key building
blocks for sustainable future. Outokumpu employs some 7 500 people in more than
30 countries. The Group's head office is located in Espoo, Finland. Outokumpu is
listed on the NASDAQ OMX Helsinki.
www.outokumpu.com <http://www.outokumpu.com/>



[HUG#1391734]

Attachments:

ENG Stevedores strike.pdf