Outokumpu is a group of international companies headquartered in Helsinki, Finland. It is the largest producer of stainless steel in Europe and the second largest producer in the Americas. Outokumpu has a long history as a mining company and still mines chromium ore for use in stainless steel. The company is focused on driving society forward through sustainable solutions and has achieved significant milestones in sustainability, including the development of Outokumpu Circle Green®, a product line with a carbon footprint down to 7% of the global average.

Outokumpu

Outokumpu Oyj

Outokumpu Oyj produces and sells various stainless steel products in Finland, other European countries, North America, the Asia-Pacific, and internationally. It offers cold rolled coils, strips, and sheets; precision strips; hot rolled coils, strips, and plates; quarto plates; precise components, including welded stainless-steel I-beams, H-beams, hollow-section tubes, bent profiles, structural sections, press plates, roll shells, and blancs and disks; semi-finished stainless steel long products comprising billets and blooms, forged and rolled billets, cast slabs, ingots, and rebar; and stainless steel wire rods, wires, and bars. Its products are used in various applications, including commercial kitchen, cooking, food industry, and home appliances; automotive and transportation; building and infrastructure; energy and marine; and heavy industries. Outokumpu Oyj was founded in 1910 and is headquartered in Helsinki, Finland.

Outokumpu is the global leader in sustainable stainless steel. Our business is based on circular economy: more than 90% of our production originates from recycled steel which we turn into long-lasting, fully recyclable material. Our customers use our stainless steel in many aspects of life, from civilization’s basic structures to famous landmarks and household appliances. With our total carbon footprint less than 75% of the industry average, we are working towards a world that lasts forever. 

We have an ambitious sustainability strategy and we are strongly committed to 1.5 degree target to mitigate climate change. Our emissions reduction ambition covers all direct and indirect emissions, as well as those of our supply chain.

Outokumpu employs approximately 8,500 professionals in close to 30 countries, with headquarters in Helsinki, Finland and shares listed in Nasdaq Helsinki. Read more: www.outokumpu.com

We want to thank all of our partners, customers, employees and other stakeholders for  collaboration and another successful year, and wish everyone Happy Holidays!✨

May the New Year 2024 be filled with meaningful moments, and take us to a brighter, more sustainable future!💚

Exciting news! ✨ Our Head of Business Area Americas, Tamara Weinert, has been proposed for election to the BASF SE Supervisory Board. Tamara's wealth of operational and strategic expertise makes her an invaluable asset. Congratulations, Tamara!

https://lnkd.in/eSFb6kF4

Replacing fossil coke with renewable raw materials from biomass is one of the key drivers to reduce our direct emissions in our operations. As part of our strategy to strengthen our leadership in sustainability and secure access to high-quality raw materials, we have decided to invest in a pelletizing plant to produce biocoke at our site in Tornio, Finland. 

"Fossil coke represents 50% of our direct emissions today. Therefore, a concrete step to significantly reduce these emissions is to replace fossil coke with biocoke which is produced using biomass from forest and wood industry residues”, says Timo Huhtala, General Manager for the biocoke project at Outokumpu.

Read more at the press release: https://lnkd.in/d_F_vxEd

#GreenTransition #StainlessSteel

COP28 left a lot of expectations for the corporate sector, which plays a key role in taking action and implementing the policies to the markets🌍 

It is the paradigm shift from rhetoric to action that will differentiate leaders from followers in this era of green innovation. The drive towards a greener future is no longer just about meeting standards or keeping up with trends; it's about leading the way and setting the benchmarks that others will follow. 

Niklas Wass, our President – business line Stainless Europe, shared his thoughts about the sustainable mindset, that will drive global transformation. Read the article at👉  https://lnkd.in/dVDK_F3H

#GreenTransition #StainlessSteel

News⭐ Our decarbonization journey on supporting our customers in their climate targets continues! 🤝 Together with ZWILLING Gruppe, the global leading supplier of high-quality products for modern home kitchens, and future-oriented steel trading company STAHL KREBS (ERNST KREBS KG), we have signed a contract on the deliveries of the world’s first towards-zero stainless steel, Outokumpu Circle Green®. 

“We are very pleased that these two partners, Outokumpu and STAHL KREBS, will support us on setting pathway for improving our Scope 3 emissions. As one of the oldest brands in the world, our ambition has always been to offer kitchen products that combine quality and durability with a sense of responsibility for people and the environment,” explains Dr. Alexander Gulden, Chief Technology Officer and Member of the Board of Management at ZWILLING. 

With Circle Green Dura, we are now providing ZWILLING the first CO2 reduced martensitic stainless steel grade that is designed for applications that demand a high level of surface hardness, high strength and wear resistance🍴 

Learn more about our partnership at: https://lnkd.in/dWhkN8eD

#Partnership #StainlessSteel

OUT1

COM:OUTOKUMPU

Outokumpu Oyj

Last Close

3.21

25/11 09:40

Market Cap

1.43B

Beta: -

Volume Today

128.85K

Avg: -

name

homepage url

country

linkedin url

employee count

sector

industry

revenue

Description

investor of

competitor of

Metrics