100 years of expertise and innovation
Our customers include both distributors and end-users. The product performance and technical expertise that our customers have come to expect from us have their roots in over 100 years of innovation in stainless steel. Our R&D experts in Finland, Germany and Sweden help our customers in material selection, technical support and product development.
In Europe, Outokumpu is serving its customers in two business lines according to the customer needs. Stainless Europe focuses on customers that are supplied large quantities of our cost competitive sustainable stainless steel, while Advanced Materials serves project business and the manufacturers of demanding applications by advanced products and alloys.
Sustainable stainless steel
In sustainable stainless steel operations in Europe, Outokumpu combines unmatched cost competitiveness, sustainability of our products, highest level of reliability and quality to a unique customer experience. Sustainable stainless steel is a material used in numerous different industries, including home applications, automotive, construction, infrastructure and industrial investments.
Outokumpu plans to invest approximately EUR 200 million in a new annealing and pickling line in Tornio, Finland. It will maximize the benefits from the fully integrated, cost-efficient operations in Tornio and Nordic clean and price competitive energy. At the same time, we are fighting cyclicality of the industry through optimization and operational excellence.
Furthermore, we will remain to be the undisputed sustainability leader in our industry, providing products with the lowest CO2 footprint in the industry, allowing our customers in turn to reduce their footprint. The availability of affordable clean energy in Finland, our unique access to clean ferrochrome from our inhouse operations and a continued high usage of scrap as our prime raw material mean that we have a unique position. This sustainability position we can further develop through smart decarbonization projects that drive innovation and allow us to develop own business models connecting partners around our main production entities towards smart decarbonization.
Advanced materials and alloys
In advanced materials and alloys, Outokumpu provides industrial end-users and fabricators with tailored stainless and nickel-based alloy solutions for demanding environments. By combining deep application expertise, flexible production, and a low-carbon footprint, we deliver products that optimize durability, performance, and lifecycle cost — from supply chain to end use — through deep customer understanding and specialty, high-quality supply.
As global megatrends such as urbanization, mobility, digitalization, and the transition to a low-carbon economy accelerate, the demand for high-performance materials is growing steadily. Specialty stainless steels and high-nickel alloys are increasingly essential in enabling solutions for these megatrends that require durability, corrosion resistance, and superior performance in demanding environments found in the process industry, oil and gas, and electric vehicles, for example.
Outokumpu is now looking for growth by expanding into high-margin, high-value grades and differentiating through customer collaboration, building on our strong legacy in special grades and moving actively away from commodity products. Advanced materials and alloys play a central role in reducing cyclicality and driving profitable growth.
Europe in numbers in 2025
3,600
million euros of net sales (65& of the Group external sales)
6,899
employees in Europe
28%
market share in Europe (EU30)