Outokumpu has four business areas – Europe, the Americas, Ferrochrome and Long Products. Our business areas are organized so that Europe and the Americas include both coil and sheet stainless steel operations in their market area, while Ferrochrome and Long Products focus on these type of products. Our business areas are also our reporting segments, and they are represented in our management team. The Outokumpu Leadership Team also comprises heads of Finance, Human Resources and Technology & Sustainability.
94% of our net sales come from our stainless steel business in Europe and in the Americas as well as from our Ferrochrome and Long Products business areas. Other operations account for 6% of our net sales and consist of activities outside the four operating segments described above, as well as industrial holdings. Such business development and Corporate Management expenses that are not allocated to the business areas are also reported under Other operations. Sales of Other operations consist of sales of electricity to Group’s production facilities in Finland and in Sweden, nickel procured under Group’s sourcing contract that exceed the production needs, and internal commissions and services.
Updated on March 8, 2022.