Business based on circular economy
Our mills are in fact significant recycling facilities. Every year, our mills process more than 2 million tonnes of scrap, or recycled steel, and turn it into more than 2 million tonnes of sustainable, long-lasting material. It does not need maintenance, and at the end of its long lifecycle, it is fully recyclable. And it is not only what we do, but how we do it: Outokumpu aims to minimize the environmental impacts of its production.
Our customers use our stainless steel to build bridges and buildings, produce cars, trains and trucks, and manufacture household appliances and utensils. Outokumpu is known in the market for our unmatched expertise in stainless steel as well as the quality of our products. Our experts produce stainless steel in our mills in Finland, Germany, Mexico, Sweden and the US; they research and develop stainless steel and its production further at our research centers and mills; and they help and advise our customers in choosing, using, and processing stainless steel.
In our next strategy 2026–2030, we are evolving from a trusted stainless steel producer into a pioneering force in materials and technologies solutions.
*) Outokumpu’s average product carbon footprint (2025): 1.6 kg CO₂e per kg of stainless steel based on lifecycle assessment. Global average carbon footprint of stainless steel (2025): 7.3 kg CO₂e per kg of stainless steel. (Outokumpu’s calculation based on data provided by CRU, worldstainless, and Kobolde & Partners AB)
This is Outokumpu
Market leader in Europe, #2 in the Americas
Our net sales were 5.5 billion euros in 2025, and we employ some 8,600 experts in close to 30 countries.
Industry leader in sustainability
Evolving into a pioneering force
Our business
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.
Europe
Sustainable stainless steel is the foundation of our business. We are the market leader in Europe and look to strengthen our position.
In Europe, we serve customers in two business lines according to the customer needs. Stainless Europe focuses on customers of large quantities of our cost competitive sustainable stainless steel, while Advanced Materials serves project business and the manufacturers of demanding applications by advanced materials and alloys.
Americas
We are a clear #2 in the Americas market and market leader in Mexico, with the only stainless steel finishing mill in the country.
Outokumpu is in a unique position to take advantage of the growth opportunities both in the U.S. and Mexico. Both of these markets are growing and undersupplied markets.
Ferrochrome
Within business area Ferrochrome, Outokumpu is increasing value from its chrome mine and repositioning from an internal supplier to an unrestricted market player. As a low-emission ferrochrome producer and the owner of the only chrome mine in the EU area, the company aims to further leverage its distinctive position.
Our organization and governance
Outokumpu is committed to conducting business with high integrity. This means conducting business in an ethical and responsible way.
Unmatched expertise
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.
Our history
Since our founding days in the 1910s, we have been pioneers in the field of metals and materials. Outokumpu's history is as long as that of stainless steel, and we still operate on locations that were instrumental in inventing it. Whenever a mineral ore was found in Finland, Outokumpu was asked to investigate if it would be viable for production. If there was no established method of producing it, we developed one. This journey has laid the foundation of our company.
Investing in Outokumpu
The rising energy demand and urbanization will increase the need for steel everywhere. The future of green solutions – from renewable energy to hydrogen and electric vehicles are all dependent on sustainable stainless steel. The long-term prospects for the increasing use of stainless steel are positive. In Europe, we are the market leader with some 28% market share and the clear number two in the Americas with a market share of approximately 24% (both USCMA and the U.S.).