Tag: Outokumpu

Outokumpu, a global powerhouse in the stainless steel sector, has its roots in Finland but has significantly expanded its reach, including a notable presence in Germany. This company is acclaimed for its sophisticated production techniques and a steadfast dedication to delivering high-quality products.

Roeland Baan to step down from Outokumpu in May

Outokumpu’s President & CEO Roeland Baan has informed the company’s Board of Directors that he will resign from Outokumpu later this spring to take a CEO position in a company outside Finland.

Outokumpu receives Gold level rating from EcoVadis

Outokumpu has received a Gold level rating from the supplier sustainability platform EcoVadis. The Gold level rating indicates that Outokumpu is among the top 5% of suppliers evaluated by EcoVadis.

Outokumpu publishes EPDs for its stainless steel grades

Outokumpu has reinforced its drive for sustainability by becoming the world’s first stainless steel manufacturer to publish environmental product declarations (EPDs) covering its portfolio of stainless steel grades.

Outokumpu opens new Nordic Bar stock services

Outokumpu Long Products opens new Nordic Bar Stock services for distributors providing competitive prices, short lead times and high quality.

Outokumpu completes a major investment in Fagersta mill

Outokumpu has completed a major modernization investment in its Fagersta Stainless mill in Sweden. The investment of € 8M enables Fagersta to expand its product portfolio into new high value-added special products; it improves the working environment for the employees and helps to reduce carbon emissions of the mill.

Outokumpu joins the ResponsibleSteel initiative

Outokumpu is further strengthening its sustainability agenda by joining the ResponsibleSteel initiative. ResponsibleSteel is a global multi-stakeholder standard and certification initiative for the steel industry.

Outokumpu set off EIA to build a slag furnace in Tornio

Outokumpu is assessing options to build a new slag furnace in Tornio, Finland, and the company has initiated an Environmental Impact Assessment (EIA) procedure as a basis for decision making.

Outokumpu signs a secured EUR 400 M term loan

Outokumpu has recently signed a secured EUR 400 M term loan. The margin of the loan is linked to the total recordable incident frequency rate and carbon dioxide emission per ton of stainless steel produced, both in relation to set targets.

Outokumpu moves forward with digital manufacturing

Outokumpu is aiming to fully digitalize its biggest factory in Tornio, Finland, transforming it into the most digitalized and most cost-competitive stainless steel operation in the industry by 2020.

Outokumpu appoints new president for business area

Olli-Matti Saksi has been appointed President of business area Americas. He has been based in the US since January 2019, first leading the Americas’ sales and supply chain operations and since May 1 the whole organization as the interim head of the business area.