Steel News

Outokumpu Divests Majority of Long Products Segment to Marcegaglia

13 July 2022 - Finnish steelmaker Outokumpu has signed an agreement to divest the majority of its Long Products business to Italy’s Marcegaglia Steel Group.

Outokumpu Introduces Low-CO2 Steel

15 June 2022 - Stainless steel producer Outokumpu has launched a branded line of low-carbon-emissions stainless steel and has already delivered a shipment to a major customer, the company said on Wednesday.

Outokumpu Appoints New Americas President

09 June 2021 - The acting president of Outokumpu’s North and South American business unit has been given the job on a permanent basis.

Consortium to Research Metals Decarbonization Tech

17 February 2021 - A Finnish consortium that includes metals producers has launched a research effort intended to develop decarbonization technologies for the industry.

Primetals Technologies Wraps Up Continuous Caster Upgrade

01 December 2020 - Primetals Technologies has completed a software upgrade to an Outokumpu caster in Finland, the company reports.

Outokumpu Orders Metal Powder Plant

16 September 2020 - Stainless producer Outokumpu has contracted SMS group to build a metal atomization plant that will produce stainless powders for additive manufacturers.

Outokumpu Names New Chief Executive

17 April 2020 - Finnish stainless steel producer Outokumpu has named board vice chairman Heikki Malinen to succeed president and chief executive Roeland Baan, who is resigning to take a leadership position outside the company.

Outokumpu CEO to Step Down

12 February 2020 - Outokumpu president and chief executive officer Roeland Baan is stepping down to lead another company outside of Finland, Outokumpu has said.

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.