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.

Outokumpu Q1 statement – adjusted EBITDA of EUR 54 M

Outokumpu’s sales increased to EUR 1,715 M (EUR 1,671 M). The first-quarter adjusted EBITDA of EUR 54 M was significantly lower than EUR 133 M in the Q1 of 2018 driven particularly by increased graphite electrode and other input costs.

Outokumpu appoints Olli-Matti Saksi as interim Head

Outokumpu’s Chief Commercial Officer Olli-Matti Saksi has been appointed as interim Head of business area Americas with immediate effect.

Outokumpu Publishing of the first-quarter 2019 results

Outokumpu will publish the first-quarter 2019 results on Tuesday, May 7, 2019 at approximately 9.00 am EEST. A conference call for investors and analysts will be held on Tuesday, May 7, 2019 at 3.

Outokumpu appoints Board of Directors

The Annual General Meeting decided in accordance with the proposal by the Nomination Board that the Board of Directors consists of seven (7) members.

AOD converter started up at Outokumpu in Tornio

In December 2018, the no. 1 AOD converter modernized by Primetals Technologies was started up at the Tornio works of Outokumpu Stainless Oy, a Finnish stainless-steel producer.

Outokumpu appoints CFO

Pia Aaltonen-Forsell, M. Soc. Sc. (Econ.), MBA, has been appointed Outokumpu’s Chief Financial Officer (CFO) and member of the Leadership Team as of March 2019, reporting to CEO Roeland Baan.

Stainless rebar perfect for bridge renovation

Outokumpu Long Products has won a contract to supply more than 2,500 metric tons of stainless steel rebar to the Rodanthe Bridge project in North Carolina, USA. Deliveries will be started in Q2 2018 and continue through 2020.

Stainless steel continuous slab caster at Outokumpu

The stainless-steel continuous slab caster modernized by Primetals Technologies was started up at Outokumpu’s production site in Tornio, Finland.

ISSF awards Outokumpu

The International Stainless Steel Forum (ISSF) has recently recognized Outokumpu with the 2018 gold-level sustainability award for applying a pelletizing method in its Sheffield melt shop to increase material efficiency and reduce environmental impact in stainless steel melting process.

Outokumpu acquires Fagersta Stainless

Outokumpu and Sandvik have signed an agreement for Outokumpu to purchase full ownership of Fagersta Stainless wire rod mill in Sweden.