Outokumpu Oyj - Company Profile
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Outokumpu Oyj (Outokumpu) is a company engaged in the production and distribution of stainless steel products. The company's main activities include the manufacturing of stainless steel flat products and ferrochrome. Outokumpu offers a range of stainless steel types, including ferritic, martensitic, duplex, and austenitic grades. Its products are utilized across various industries such as automotive, transportation, construction, energy, and heavy industry. Outokumpu serves customers through an extensive service center and sales network across Europe, the Americas, and other regions. The company operates production facilities in Finland, Germany, Sweden, the Netherlands, the US, and Mexico. Outokumpu targets markets in Europe, the Middle East, Africa, and the Americas. Outokumpu is headquartered in Helsinki, Finland.
Outokumpu Oyj premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Steel Grades | Cutting Services |
| Cold and Hot Rolled Stainless Steel Coil | Polishing and Brushing Services |
| Sheet and Plate | Welding Services |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | Contracts/Agreements | In March, the company announced the Kemi mine, together with the EU-funded Lapland Mining Hub project and Digipolis in Kemi, will launch a data-driven circular economy ecosystem to convert mining side streams into usable materials and reduce reliance on virgin raw materials. |
| 2026 | Contracts/Agreements | In January, the company signed MoU with Norsk e-Fuel to explore a CO-to-sustainable aviation fuel (SAF) plant next to Outokumpu’s stainless steel mill in Koivuluoto, Tornio, Finland. |
| 2025 | Contracts/Agreements | In September, the company signed MoU with Boston Metal to collaborate on improving metals production for applications including defense and aerospace. |
Competitor Comparison
| Key Parameters | Outokumpu Oyj | Glencore Plc | ArcelorMittal SA | ThyssenKrupp AG | Cleveland-Cliffs Inc |
|---|---|---|---|---|---|
| Headquarters | Finland | Switzerland | Luxembourg | Germany | United States of America |
| City | Helsinki | Baar | Luxembourg | Essen | Cleveland |
| State/Province | - | Zug | - | Nordrhein-Westfalen | Ohio |
| No. of Employees | 8,172 | 80,423 | 125,554 | 92,254 | 25,000 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Kari Jordan | Chairman | Executive Board | 2018 | 70 |
| Timo Ritakallio | Vice Chairman | Executive Board | 2026 | 64 |
| Kati ter Horst | President; Chief Executive Officer | Senior Management | 2024 | 58 |
| Marc-Simon Schaar | Chief Financial Officer | Senior Management | 2024 | 50 |
| Stefan Erdmann | Chief Technology Officer | Senior Management | 2020 | 54 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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