Finland-based stainless steel producer Outokumpu has announced that it has completed the divestment of its 50 percent stake in the joint venture Fischer Mexicana S.A. DE C.V. (Fischer Mexicana) to F.E.R. Fischer Edelstahlrohre GmbH for $63 million. As a result of the transaction, Outokumpu’s net debt has decreased by approximately €50 million and gearing has declined by approximately four percentage points.