Our history goes back to the invention of steel and we continue to drive stainless steel innovation. Our latest innovation is Circle Green®, a product line with a carbon footprint taken to extreme lows – down to 8% of global average. If all stainless steel was made like Circle Green®, it would cut the global carbon footprint by 250 million tons – every year.
Our business is based on circular economy, as our most important raw material is recycled steel or scrap. Out of our three business areas, Europe and the Americas are responsible for manufacturing and selling stainless steel in their market areas, and Ferrochrome run our chrome mine and ferrochrome works – ferrochrome an essential raw material, as chrome is what makes steel stainless.
Did you know that our mills are in fact giant recycling centers? Outokumpu contributes to a more sustainable world by producing stainless steel out of recycled material. We have the highest recycled content and the lowest carbon footprint in the market, allowing our customers to reduce their carbon footprint. We are at the heart of moving society towards more ecologically, socially, and economically sustainable solutions.
Did you know that we were instrumental in inventing stainless steel? Our unmatched expertise of stainless steel is available to our customers, who use it to create civilization’s basic structures and its most famous landmarks as well as products for households and various industries. They manufacture cars and appliances or operate in energy and heavy industries. Get insights and inspiration from our case stories and articles.
Global consumption of stainless steel is growing due to the increasing need of long-lasting and sustainable solutions for the world’s most critical challenges. The long-term prospects for the increasing use of stainless steel are positive. In Europe, we are the market leader with some 26% market share and the clear number two in the Americas with a market share of approximately 23%. Read more about Outokumpu as an investment.