Stainless steel is a healthy market
Stainless steel is a light, strong and endlessly recyclable material for the increasing needs of the modern world.
Outokumpu as an investment
Creating value through sustainability, cost competitiveness, and value-added growth
Page last updated: 18.02.2026
Our business is based on circular economy and our most important raw material is recycled steel. Stainless steel is 100% recyclable, efficient and strong material, designed to last. Global megatrends support the growing demand for stainless steel – as a world leader in sustainable stainless steel production, we aim to capture our fair share of this growth.
Why invest in Outokumpu?
New EVOLVE strategy for 2026–2030
EVOLVE is about maximizing value in sustainable stainless steel, accelerating growth in advanced materials and alloys as well as innovative materials and technologies.
Improved financial and risk profile
We have improved profit generation, strong balance sheet and enhanced downturn resilience.
Industry leader in sustainability
We are the only stainless steel company with an approved 1.5C Science Based Target.
Market and cost leader in stainless sector
We are well positioned as the market leader in advanced products and cost leader in high-volume products.
Stable shareholder returns
Outokumpu aims to pay a stable and growing dividend over time, while maintaining the flexibility to invest in transformative initiatives that yield a minimum internal rate of return (IRR) of 20% and accounting for market cyclicality.
Outokumpu in brief
Outokumpu's business is dived in to three business areas, Europe, Americas and Ferrochrome. BA Europe and BA Americas include both coil and plate stainless steel operations in their market area, while BA Ferrochrome focuses on the chrome mine and ferrochrome operations. Our biggest business area is Europe, covering around 68% of Outokumpu sales. In Europe we are the market leader with approximately 31% market share and in the US the second biggest with market share approximately 23%. Our Kemi mine and our ferrochrome production in Tornio, Finland, are an integral part of our operations and a clear competitive advantage to us.
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Strategy and targets
In June 2025, we published our new growht-focused strategy EVOLVE for 2026–2030. EVOLVE builds upon maximizing value in sustainable stainless steel, growing profitably in advanced materials and alloys as well as innovative materials and technologies.
Responsible investment
Outokumpu is world leader in sustainable stainless steel production and we have ambitious targets to further reduce our carbon footprint. As material stainless steel is 100% recyclable and we use more than 90% recycled material in our stainless steel production.
Outlook and risks
Outokumpu gives quarterly outlook and reviews short-term risks and uncertainties in its interim reports.
Operating environment and megatrends
Stainless steel is the fastest growing metal: it is in many ways the perfect answer to the increasing need of long-lasting and sustainable solutions for the world’s most critical challenges. Global megatrends – such as urbanization, mobility, economic and population growth, and climate change – are the main growth drivers for the stainless steel industry.
Business areas
Get to know our business areas Europe, Americas and Ferrochrome! Our business areas are also our reporting segments, and they are represented in our management team.
CEO's review
Outokumpu publishes CEO Kati ter Horst's review each quarter in connection with its interim report.