The following is excerpted from the question-and-answer section of the transcript.
(Questions from industry analysts are provided in full, but answers are omitted - download the transcript to see the full question-and-answer session)
Question: Anssi Raussi - SEB, Research Division - Analyst
: I have a few questions one by one as usual. So first about the duration of the investments like how much time would it take from the investment
decision for the full ramp up? And how long do you think the ramp-up is going to be once the plant is constructed? And also linked to this, maybe
is that how long you think you should have the current cold rolling contract in place simultaneously with new plant just in case there would be
some delays or problems or anything with the ramp-up? Or would you just cut the current contract as soon as you estimate that you have 3 years
(inaudible) plant is in full production?
Question: Anssi Raussi - SEB, Research Division - Analyst
: So basically, you're not including any margin of safety, so to say in case there's some problems?
Question: Anssi Raussi - SEB, Research Division - Analyst
: Okay. Clear. And the second one about the current cold rolling contract. Can you give us any ballpark like how much per tonne you're paying right
now for the hot rolling services?
Question: Anssi Raussi - SEB, Research Division - Analyst
: But maybe something like from $100 to $200 per tonne? Or am I close?
Question: Anssi Raussi - SEB, Research Division - Analyst
: Okay. Clear. And the last one from me is about improving mix and new products. So of course, this is one of your reasoning for this potential
investment. But if we think that everything else remained unchanged like how much EBITDA per tonne the impact would be, roughly speaking, if
I'm just trying to quantify and figure out how significant this mix improvement will be?
Question: Moses Ola - JPMorgan Chase & Co, Research Division - Analyst
: So I just wanted to ask, could you please confirm what is actually still outstanding from the current feasibility studies? And I think you mentioned
some -- for the hot rolling mill, it would take a time line of about 2 years to build, 1 year to ramp up. Could you give a similar time line as well for a
cold rolling mill? And then my final question would be, so within your current product mix, do you also have plans to include advanced products
into your products mix if they don't already kind of exist?
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