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OverviewIndustries
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OverviewAbout Outokumpu
Discover what Outokumpu is made of, how we work and are organized and where we are going.
OverviewSustainability
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OverviewCareers
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OverviewEurope is our biggest business area. We serve our broad and well-balanced customer base in the European, Middle-Eastern, Asian and African markets.
We have a broad and well balanced customer base among distributors and end-use segments. 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.
With sales of 4,102 million euros in 2024, business area Europe brings 68% of our net sales, and we are the market leader in the European cold rolled stainless steel market.
We are a global leader in specialty stainless steel for the most demanding end uses, which we manufacture in Germany and Sweden.
We have the lowest carbon footprint in the industry, up to 75% lower than the global average. On top of that, we introduced Circle Green, which has up to 93% lower carbon footprint.
For the second phase of the strategy, Outokumpu has launched two customer differentiated strategies for business area Europe. The company aims to strengthen cost leadership in high-volume stainless steel products and a global market leadership in advanced products. Business area Europe will strengthen its position as the customer’s first choice in sustainable stainless steel.
To ensure the execution of the differentiated strategies in Europe, Stainless Europe business line of high-volume products and Advanced Materials business line for advanced products.
Our Europe business area focuses on cost position and customer engagement building on our #1 market position. Our world-class mills form an integrated entity in which each mill has a clear, defined role in the production, and more than 6,800 employees work in Europe. Our Tornio mill in Finland, Krefeld mill in Germany, and our finishing unit in Terneuzen, the Netherlands focus on the high-volume products, while advanced products are manufactured at our mills in Avesta, Degerfors, and Nyby in Sweden as well as Dillenburg in Germany, In addition, we have a metal powder plant in Krefeld, Germany.
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