Market leader in Europe, #2 in the Americas
In 2024, we were market leader in Europe and #2 in the Americas, and our net sales were 5.9 billion euros.
About Outokumpu
Working towards a world that lasts forever
Page last updated: 11.06.2025
New age of industrial evolution
Over the past hundred years, we have been pioneering
in the field of metals and materials. This journey has defined us and helped
shape the stainless steel industry. Today, with a new set of challenges, like
geopolitics and climate change, we are leading the way into a new age of
industrial evolution whilst repositioning our business for profitable growth. We
are evolving from a trusted stainless steel producer into a pioneering force in
materials and technologies solutions. Our next strategy, EVOLVE, for 2026–2030,
builds upon maximizing value of sustainable stainless steel, accelerating
growth in advanced materials and alloys as well as revolutionizing
value creation through innovative
materials and technologies.
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.
8,700 employees in close to 30 countries
Our stainless steel mills are located in Finland, Germany, Mexico, Sweden and the US, and our headquarters are in Finland.
Sustainability leader in the world
Smallest carbon footprint in both stainless steel and ferrochrome, up to 75% and 67% lower than the industry average, respectively.
Business based on circular economy
Our main raw material is recycled steel – recycled material content in our products is 95%. At the end of their long life cycle, stainless steel is 100% recyclable.
Our management
Meet the members of the Outokumpu Leadership Team and Board of Directors.
Sustainable solutions and operations
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.
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.
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 31% market share and the clear number two in the Americas with a market share of approximately 23% (both USCMA and the U.S.). Read more about Outokumpu as an investment.