Outokumpu Oyj - Company Profile
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Business Description
Outokumpu Oyj (Outokumpu) is a producer of stainless steel. It provides metal products, technical support, and other services to various business sectors including energy, automotive and transportation, building and infrastructure, appliances and marine. Outokumpu also owns a chromite mine in Kemi, Finland which serves a source of raw materials essential for producing cold-rolled stainless steel and a wide range of austenitic and ferritic stainless steel products.
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R&D Overview
Outokumpu's R&D initiatives focus on building technical expertise to support the development of materials for new applications, advancing process technologies, and improving existing products. The company emphasizes intellectual property, including patents, to create value through innovations. Under the growth-focused strategy EVOLVE, R&D activities are increasingly progressive and exploratory, driving growth in new and modified grades, such as the production and use of green hydrogen. R&D also aims to reduce carbon emissions in production processes, identifying non-fossil reduction opportunities like hydrogen and biomethane. Additionally, R&D supports proprietary technology development projects to produce low-CO2 materials, such as enriched ferrochrome and chromium metal. The R&D units of Outokumpu are located in Avesta, Sweden; Krefeld, Germany; and Tornio, Finland. In FY2025, the company spent EUR11.0 million on R&D, which accounted for 0.2% of the company’s revenue.
Business Segments
Overview
Consists of standard austenitic and ferritic grades as well as tailored products. Provides these products to automotive and transport, consumer appliances, oil and gas, chemical and petrochemical industries, food and beverage processing, and building and construction industries. Operates production facilities in the US and Mexico.
Performance
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Overview
Comprises coil and plate operations in Europe. Produces high-volume and tailored standard stainless-steel grades that are used in architecture, building and construction, transportation, petrochemical and energy sectors, catering and appliances, chemical, and other process industries. Operates production facilities in Finland, Germany and Sweden. Also, has sales and service center network in Europe, Africa, the Middle East, and APAC region.
Performance
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Overview
Produces charge grade of ferrochrome. Operates chrome mine in Kemi, Finland and ferrochrome smelters in Tornio, Finland.
Performance
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Overview
Sells electricity to the company’s production facilities in Finland and in Sweden, and internal commissions and services.
Performance
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Geographical Segments
Performance
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Performance
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Performance
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Performance
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Performance
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Performance
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Performance
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Performance
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Performance
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