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.

SSAB buys Tibnor holding from Outokumpu

Outokumpu has sold its 15% holding in Tibnor AB, a Nordic distributor of steel and metals, to SSAB. SSAB currently owns an 85% stake in Tibnor and will pay EUR 44 million in cash to acquire Outokumpu’s minority stake making it the full owner of the company. 

Duplex for road project viaduct

Outokumpu has delivered duplex stainless steel rebar to the construction of the traffic route Norra Länken in Stockholm, Sweden. Norra Länken is a large infrastructure investment in a new traffic route around

Outokumpu delivers stainless to rebuild dam

Outokumpu will deliver special stainless steel for the project to rebuild the dam in Tammerkoski rapids. All of the main structural parts of the sluice and flood gates will be made using Outokumpu's lean duplex LDX 2101®

Outokumpu sells part of ownership in Talvivaara

Solidium Oy, has purchased all of Outokumpu’s shares in Talvivaara Mining Company Plc. The company has sold 10,522,366 shares to Solidium Oy which amounts to 4.3% of total shares in Talvivaara Mining Company Plc.

Outokumpu open’s new warehouse in Mumbai

Outokumpu will open a new warehouse in Kalamboli near Mumbai to serve its growing customers in India. The company has constructed a 5295 sq/ft custom cleared warehouse in Mumbai.

Outokumpu receives ISSF sustainability award

The International Stainless Steel Forum (ISSF) has granted the first ISSF Sustainability Award for Outokumpu. The acknowledgement was received in ISSF Annual General Meeting in Madrid, Spain on 22 May 2011.

Outokumpu to deliver duplex for biogas tanks

Outokumpu will deliver stainless steel to Börger GmbH. The duplex will be used to build tanks required in biogas production. This order marks Outokumpu's first order for the newly launched duplex steel grade LDX 2404®.  The steel will be produced at the Outokumpu in Avesta, Sweden. LDX 2404® is the ideal choice for the tanks due to the high corrosion resistance and superior mechanical properties of the steel.

Seitovirta, new CEO for Outokumpu

Mika Seitovirta has been appointed the new Chief Executive Officer of Outokumpu by its Board of Directors. He will assume the position effective 1 April 2011, succeeding current CEO, Juha Rantanen, who will leave the position 31 March 2011. Rantanen will support the new CEO until August 2011.

Outokumpu relaunches high-end stainless grade

Outokumpu has relaunched its high-performance stainless steel grade Outokumpu 654 SMO®. Providing superior corrosion resistance and mechanical properties, the grade is poised to move the boundaries of stainless steel by offering a cost-effective alternative for a range of applications.

Outokumpu restructures for efficiency

In order to develop a more effective and more efficient organization with increased operational focus,