The foundation of our business is sustainable stainless steel. We want to leverage our sustainability leadership even more in the future. Our stainless steel has up to 75% smaller carbon footprint than the industry average*, and we help our customers to reduce their carbon footprint. Our sustainable stainless steel offering covers a wide array of grades from standard to high-performance specialty grades designed for specific applications. The world needs more sustainable solutions to fight the climate change, and these are what our sustainable stainless steel, advanced materials and alloys provide.
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. We employ 8,700 experts around the world: they 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 (2024): 1.6 kg CO₂e per kg of stainless steel based on lifecycle assessment. Global average carbon footprint of stainless steel (2024): 7 kg CO₂e per kg of stainless steel. (Outokumpu’s calculation based on data provided by CRU, worldstainless, and Kobolde & Partners AB)
