Outokumpu

(IN BRIEF) Outokumpu has completed the repurchase of its own shares as part of a share buyback program announced on November 29, 2023. The company repurchased a total of 163,476 shares on December 15, 2023, at a weighted average price … Read the full press release →

(IN BRIEF) Outokumpu, a global leader in sustainable stainless steel production, is investing approximately EUR 30 million in a pelletizing plant for biocoke in Tornio, Finland, with production set to start in mid-2025. The move aims to reduce direct emissions … Read the full press release →

(IN BRIEF) Outokumpu has successfully completed its share repurchase program, acquiring a total of 157,620 treasury shares across multiple trading venues at an average price of EUR 4.46 per share. The program, announced on November 29, 2023, allowed for the … Read the full press release →

(IN BRIEF) Outokumpu’s Board of Directors has approved the initiation of the company’s share-based programs, the Performance Share Plan (PSP) and Restricted Share Pool (RSP), for the period spanning from 2024 to 2026. These programs will commence at the beginning … Read the full press release →

(IN BRIEF) Outokumpu, a global leader in sustainable stainless steel, has partnered with ZWILLING, a leading supplier of high-quality kitchen products, and steel trading company STAHL KREBS to reduce the carbon footprint of stainless steel knives. The collaboration involves the … Read the full press release →

(IN BRIEF) On December 12, 2023, Outokumpu has successfully completed its share repurchase program, buying back a total of 170,090 of its own shares on trading venues CEUX and XHEL. The repurchase program, which was announced on November 29, 2023, … Read the full press release →

(IN BRIEF) Outokumpu, a global leader in sustainable stainless steel, and Siemens, a technology company, have announced a partnership to use Outokumpu’s Circle Green®, a stainless steel variant with up to a 93% lower carbon footprint than the industry average, … Read the full press release →

(IN BRIEF) On December 8, 2023, Outokumpu successfully completed its share repurchase program, acquiring a total of 169,928 of its own shares across two trading venues, CEUX and XHEL. The weighted average price per share stood at EUR 4.33, resulting … Read the full press release →

(IN BRIEF) Fortum, a leading energy company, has entered into a Memorandum of Understanding (MoU) with Swedish nuclear technology firm Studsvik to investigate the potential for new nuclear projects in Sweden. This collaboration is part of Fortum’s ongoing feasibility study … Read the full press release →

(IN BRIEF) In a significant move towards sustainable stainless steel production, Outokumpu has partnered with Envigas AB, a leading biocarbon producer, by acquiring a 20% ownership share. Outokumpu’s commitment to reducing carbon dioxide emissions by 42% by 2030 aligns with … Read the full press release →

(IN BRIEF) Outokumpu, a global leader in sustainable stainless steel, has released its interim report for January to September 2023, highlighting both the challenges and successes during this period. In Q3 2023, the company experienced a challenging market environment in … Read the full press release →

(IN BRIEF) Outokumpu, a global leader in sustainable stainless steel, and CRONIMET, a global leader in recycled stainless steel, are expanding their collaboration to enhance the sourcing and supply of high-quality scrap in Northeastern Europe. Outokumpu has agreed to acquire … Read the full press release →

(IN BRIEF) Outokumpu, a global leader in advanced materials, has unveiled plans for restructuring measures in Germany as part of its strategy to enhance competitiveness and maintain a strong position in the global market for advanced materials. The company aims … Read the full press release →

(IN BRIEF) Outokumpu has appointed Michael Tecza as Project Director and Hugh Embrey as Technical Project Director to lead an ongoing feasibility study in the Americas. The study aims to increase cold-rolling capacity and explore options for hot-rolling arrangements in … Read the full press release →

(IN BRIEF) Outokumpu, a leader in sustainable stainless steel, and Fissler, a premium cookware manufacturer, have collaborated to introduce Outokumpu Circle Green®, an innovative stainless steel with a remarkable up to 92% reduction in carbon footprint compared to industry averages. … Read the full press release →

(IN BRIEF) Outokumpu’s Shareholders’ Nomination Board is responsible for proposing the composition of the Board of Directors and director remuneration for the Annual General Meeting. The Nomination Board is comprised of representatives from the four largest shareholders based on the … Read the full press release →

(IN BRIEF) Outokumpu, possessing the EU’s largest chromite reserves, sets a new sustainability benchmark by becoming the first ferrochrome producer to release an environmental product declaration (EPD) for its ferrochrome production process. The EPD, a verified and comprehensive assessment, showcases … Read the full press release →

(IN BRIEF) Outokumpu, a leader in sustainable stainless steel, is partnering with thyssenkrupp Materials Processing Europe and Purem by Eberspaecher to drive emissions reduction in the automotive sector. Together, they are developing towards-zero stainless steel under the Circle Green initiative, … Read the full press release →

(IN BRIEF) Outokumpu, a company, will release its half-year report for January-June 2023 on August 3, 2023. The report will be available at approximately 9.00 am EEST. Later in the day, at 3.00 pm EEST, a live webcast and conference … Read the full press release →

(IN BRIEF) Outokumpu, a global stainless steel leader, has partnered with thyssenkrupp Materials Processing Europe and Boysen Group to introduce towards-zero stainless steel to the automotive industry. This collaboration aims to address tailpipe emissions and decarbonize the automotive sector. Outokumpu’s … Read the full press release →