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Outokumpu

Latest News

AISI Welcomes New Members

16 December 2019 - Two North American steelmakers have joined the ranks of the American Iron and Steel Institute (AISI), the association has announced. 

EU Opens New Trade Investigation Into Hot-Rolled Stainless Coil 

11 October 2019 - The European Commission has initiated an anti-subsidy investigation into hot-rolled stainless sheet and coil from two countries and has imposed duties on a different steel product. 

Outokumpu Considering New Slag Furnace Installation in Finland

30 September 2019 - Stainless steelmaker Outokumpu is assessing options to build a new slag furnace in Tornio, Finland, the company reports.

Finnish Stainless Producer Restarts Revamped Converter

22 January 2019 - Finland-based Outokumpu has returned an AOD converter at its Tornio plant to service following a modernization project, according to the equipment supplier on the project.  

Outokumpu Acquires Full Ownership in Joint Venture Mill

16 May 2018 - Finnish stainless producer Outokumpu is buying out its partner in its joint venture wire rod mill and will take full ownership of the facility.

Outokumpu Broadens Marketing Agreement with German Steelmaker

17 April 2018 - Stainless steel manufacturer Outokumpu is expanding its relationship with Germany’s Böllinghaus Steel, which will distribute certain Outokumpu bar products in Germany and the United Kingdom through a new agreement.  

Commerce Department OKs Duties on Stainless Sheet, Strip From China

03 February 2017 - The U.S. Department of Commerce has affirmed tariffs of at least 139.5% on stainless sheet and strip from China.

Stainless Producer Sheds Indiana Plate Mill

25 January 2017 - Outokumpu has divested its Indiana quarto plate mill for approximately EUR28 million, the stainless steelmaker has announced.

U.S. Announces Preliminary Duties on Stainless Sheet, Strip

12 September 2016 - The U.S. Commerce Department has set has set preliminary anti-dumping duties of 63.9 and 76.6 percent on stainless sheet and strip from China.

LNG Terminal Selects Outokumpu Stainless Rebar for Project

10 June 2016 - Finnish stainless producer Outokumpu supplied approximately 10 metric tons of stainless rebar for a liquefied natural gas project along the North Sea coast, the company said on Friday.

U.S. Stainless Producers Launch Trade Case Against China

12 February 2016 - Four U.S. stainless sheet and strip producers have filed a trade complaint against China, alleging that their overseas counterparts are dumping steel and undercutting domestic prices.

Outokumpu Finalizes Divestment of Mexican Joint Venture

17 December 2015 - Stainless manufacturer Outokumpu has closed on a deal to sell its stake in its tubular joint venture in Mexico to partner F.E.R. Fischer Edelstahlrohre GmbH.

Outokumpu Sheds Majority Stake in Joint Venture

11 December 2015 - Finland’s Outokumpu has completed the divestment of most of its stake in its Chinese joint venture, Shanghai Krupp Stainless Co. Ltd. (SKS), the company has announced.

Outokumpu Products Awarded NORSOK Certification

16 November 2015 - Two products made from Outokumpu’s duplex stainless grade, Forta DX 2205, have been qualified as meeting a new and more rigorous NORSOK standard, the company has announced.

Former ArcelorMittal Executive To Lead Finland's Outokumpu

02 November 2015 - The board of directors for Finland’s Outokumpu has appointed a new president and CEO, the company has announced.

Outokumpu Divests Majority Interest In China Joint Venture

21 October 2015 - Stainless producer Outokumpu is divesting most of its stake in its Shanghai Krupp Stainless Co. Ltd. joint venture in China, the company has announced.

Stainless Steel Manufacturer Sells Stake in Tube Business

30 September 2015 - Outokumpu is divesting its stake in its Mexican stainless tube joint venture for US$63 million and will use the proceeds to pay down debt, the company has announced.

Outokumpu Receives Order For New Stainless Grade

11 August 2015 - A manufacturer has chosen an Outokumpu stainless steel as the backbone material for an order for 6,000 illuminated signs, the Finnish steelmaker has announced.

Outokumpu Reports EUR -25 Million Underlying EBIT for Q2 2015: Improvement in Coil EMEA Not Enough to Cover Losses in Coil Americas

24 July 2015 - Outokumpu released its interim report for the second quarter of 2015 on 23 July.

SMS Group Receives Follow-Up Order From Outokumpu Nirosta

06 July 2015 - As part of an upgrade of its 20-roll cold rolling mill “SG 3” in Krefeld, Germany, Outokumpu Nirosta GmbH Krefeld has placed a follow-up order with SMS group covering the revamp of the existing rolling-oil treatment plant.

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