(IN BRIEF) Outokumpu has announced its decision to delay expanding its cold rolling capacity in the U.S., focusing instead on achieving an 80-kiloton increase in the Americas business area by 2025 through efficiency improvements. This decision follows a feasibility study … Read the full press release
Posted in Business, Financial, Finland, Government, Industrial, Investment, Management, Marketing, Metals and Minerals, News, Technology
Tagged 25% import tariffs, Americas, ASIA, bottlenecks, cold rolling capacity, cold rolling expansion, feasibility study, free trade, global operations, hot rolling operations, import penetration, integrated operations, Kati ter Horst, melt shop, Mexico, North American market, Outokumpu, partnership, President and CEO, productivity improvements, San Luis Potosí, Stainless Steel, steel tariffs, strategic plan, U.S., U.S. market
(IN BRIEF) Outokumpu, a key player in sustainable stainless steel production, has joined forces with Q Power, a Finnish Power-to-X technology firm, to embark on a venture aiming to explore the production of synthetic methane at Outokumpu’s Tornio site in … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Finland, Industrial, Infrastructure & Utilities, Investment, Management, Metals and Minerals, News, Technology
Tagged Eero Paunonen, Outokumpu, partnership, Q Power, Stainless Steel, Stefan Erdmann, sustainability, Synthetic Methane Innovation
(IN BRIEF) Outokumpu, a global leader in sustainable stainless steel production, is expanding its partnership with Metalshub, a leading raw material procurement solution provider, to digitize its raw material sourcing operations. The collaboration aims to enhance supply chain traceability and … Read the full press release
(IN BRIEF) Outokumpu, a global leader in sustainable stainless steel production, is taking steps to reduce its carbon footprint and enhance energy self-sufficiency. The company has invested further in the Rajakiiri wind farm in Tornio, Finland, increasing its ownership to … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Finland, Industrial, Infrastructure & Utilities, Investment, Metals and Minerals
Tagged ferrochrome, Finland, Outokumpu, Outokumpu EvoEnergy, Rajakiiri wind farm, renewable energy, solar power plants, stainless operations, Stainless Steel, sustainable stainless steel, Tony Lindström, Tornio, wind farm, wind turbines
(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, 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
Posted in Business, Economy, Environment, Financial, Finland, Industrial, Investment, Management, Metals and Minerals, News, Technology
Tagged CO2 emissions, CRONIMET, economy, Jürgen Pilarsky, Marc-Simon Schaar, Outokumpu, partnership, Stainless Steel, sustainability
(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
Posted in Automotive, Environment, Finland, Germany, Industrial, Metals and Minerals
Tagged Circle Green initiative, Eberspaecher Group, Emissions Reduction, Marcus Wöhl, Niklas Wass, Outokumpu, Purem by Eberspaecher, Stainless Steel, thyssenkrupp Materials Processing Europe, Uwe Ackermann, zero stainless steel
(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
(IN BRIEF) Outokumpu, a leading stainless steel manufacturer, has launched a groundbreaking initiative called Outokumpu Inner Circle to strengthen the circular economy in Europe. The program, unveiled at the World Circular Economy event in Helsinki, aims to create a closed … Read the full press release
Posted in Business, Environment, Finland, Industrial, Management, Metals and Minerals
Tagged circular economy, circularity initiative, ESG, Juha Erkkilä, Max Menzel, Nico Krueger, Outokumpu, Outokumpu Inner Circle, recycling, Stainless Steel, steel scrap, steel scrap suppliers, supply chains, sustainable stainless steel, transparency, World Circular Economy
(IN BRIEF) Outokumpu, a global leader in sustainable stainless steel, is entering the metal powder production business at its mill in Krefeld, Germany, starting in April 2023. The company’s focus is on producing metal powders suited for advanced manufacturing technologies, … Read the full press release
Posted in Environment, Finland, Germany, Industrial, Metals and Minerals
Tagged additive manufacturing, AM, Binder Jetting, BJ, circular economy, EaaS, Equipment as a Service, Germany, HIP, Hot Isostatic Pressing, Krefeld, Metal Injection Moulding, Metal powders, MIM, nickel alloys, Outokumpu, recycling, SMS group, Stainless Steel, steel scrap, sustainability, sustainable stainless steel, Thomas Anstots
(IN BRIEF) Finnish stainless steel producer, Outokumpu, has announced the completion of its share buyback program, which began in November 2022 and ended in March 2023, having repurchased a total of 19,836,205 of its own shares at an average price … Read the full press release
Posted in Business, Financial, Finland, Industrial, Investment, Metals and Minerals
(PRESS RELEASE) HELSINKI, 27-Mar-2023 — /EuropaWire/ — Outokumpu (HEL: OUT1V), the largest producer of stainless steel in Europe, has announced the repurchase of 221,714 own shares as part of its share buyback program. The transactions (ISIN FI0009002422), carried out on … Read the full press release
Posted in Business, Financial, Finland, Industrial, Investment, Metals and Minerals
(PRESS RELEASE) HELSINKI, 24-Mar-2023 — /EuropaWire/ — Outokumpu (HEL: OUT1V), the largest producer of stainless steel in Europe, has announced the repurchase of 220,207 own shares as part of its share buyback program. The transactions (ISIN FI0009002422), carried out on … Read the full press release
Posted in Business, Financial, Finland, Industrial, Investment, Metals and Minerals
(PRESS RELEASE) HELSINKI, 22-Mar-2023 — /EuropaWire/ — Outokumpu (HEL: OUT1V), the largest producer of stainless steel in Europe, has announced the repurchase of 24,535 own shares as part of its share buyback program. The transactions (ISIN FI0009002422), carried out on … Read the full press release
Posted in Business, Financial, Finland, Industrial, Investment, Metals and Minerals
(PRESS RELEASE) HELSINKI, 20-Mar-2023 — /EuropaWire/ — Outokumpu (HEL: OUT1V), the largest producer of stainless steel in Europe, has announced the repurchase of 63,317 own shares as part of its share buyback program. The transactions (ISIN FI0009002422), carried out on … Read the full press release
Posted in Business, Financial, Finland, Industrial, Investment, Metals and Minerals
(IN BRIEF) Outokumpu, a leading stainless steel manufacturer, recently held talks with Mona Neubaur, the Deputy Prime Minister of the State of North Rhine-Westphalia and Minister for Economic Affairs, Industry, Climate Protection, and Energy, to discuss sustainability and climate protection … Read the full press release
Posted in Business, Environment, Finland, Germany, Industrial, Investment, Metals and Minerals, Technology
Tagged carbon footprint, Circle Green, climate protection, Dr. Cem Kurutas, Dr. Max Menzel, Finland, Guido Görtz, Hasim Cantürk, Henrik Lehnhardt, Marc Blondin, Meral Thoms, Mona Neubaur, North Rhine-Westphalia, Outokumpu Krefeld, recycling, SBTi, Stainless Steel, Steel Industry, Stefan Erdmann, sustainability, Tornio, transparency
(PRESS RELEASE) HELSINKI, 17-Mar-2023 — /EuropaWire/ — Outokumpu (HEL: OUT1V), the largest producer of stainless steel in Europe, has announced the repurchase of 431,827 own shares as part of its share buyback program. The transactions (ISIN FI0009002422), carried out on … Read the full press release
Posted in Business, Financial, Finland, Industrial, Investment, Metals and Minerals
(PRESS RELEASE) HELSINKI, 16-Mar-2023 — /EuropaWire/ — Outokumpu (HEL: OUT1V), the largest producer of stainless steel in Europe, has announced the repurchase of 472,737 own shares as part of its share buyback program. The transactions (ISIN FI0009002422), carried out on … Read the full press release
Posted in Business, Financial, Finland, Industrial, Investment, Metals and Minerals
(PRESS RELEASE) HELSINKI, 15-Mar-2023 — /EuropaWire/ — Outokumpu (HEL: OUT1V), the largest producer of stainless steel in Europe, has announced the repurchase of 156,617 own shares as part of its share buyback program. The transactions (ISIN FI0009002422), carried out on … Read the full press release
Posted in Business, Financial, Finland, Industrial, Investment, Metals and Minerals
(PRESS RELEASE) HELSINKI, 14-Mar-2023 — /EuropaWire/ — Outokumpu (HEL: OUT1V), the largest producer of stainless steel in Europe, has announced the repurchase of 480,007 own shares as part of its share buyback program. The transactions (ISIN FI0009002422), carried out on … Read the full press release
Posted in Business, Financial, Finland, Industrial, Investment, Metals and Minerals
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