Outokumpu is one of the world’s leading stainless steel producers.
Our four business areas are organized so that Europe and the Americas include both coil and sheet stainless steel operations in their market area, while Ferrochrome and Long Products focus on these type of products.
Europe is our biggest business area that covers about 60% of our sales and comprehensive product portfolio in commodity and specialty stainless steel grades for European, Middle-Eastern and African markets. We are clear market leader in Europe with 30% market share in cold-rolled stainless steel. We are known for our technical expertise and world-class mills in Finland, Germany, the Netherlands and Sweden.
Starting with one of the most technically-advanced stainless steel mills in the region, our team in the Mexico and US builds on Outokumpu’s legacy of steel making, adding its own expertise and growing product portfolio in austenic and ferritic stainless steel. We are the second largets stainless steel producer in the US, with some 21% market share in the NAFTA region.
Outokumpu is the owner of the largest known chromite reserves in Europe: in our Kemi mine, we have the unique access to an essential raw material, as chrome is what makes steel stainless. Our Kemi mine, together with our ferrochrome production in Tornio, Finland, are an integral part of Outokumpu’s operations and a clear competitive advantage to us. We consume majority of our ferrochrome internally at our own mills, and approximately 25% of the produced ferrochrome is sold externally.
The product offering consists of a broad range of bars, wire rod, wire, rebar and semi-finished products in a broad range of tailored grades (100+) covering all stainless and some other alloys. Long Products operates in Sweden, the UK and US, and is currently ongoing a turnaround program.