Outokumpu is a global leader in sustainable stainless steel manufacturing, headquartered in Helsinki, Finland. The company operates in over 30 countries and employs approximately 8,500 professionals. Outokumpu is committed to a circular economy model, with more than 90% of its production originating from recycled steel, which is turned into long-lasting, fully recyclable material. Financial Performance
Revenue: Outokumpu is a significant player in the stainless steel industry, with a strong market presence in Europe and the Americas.
Stock Listing: The company's shares are listed on Nasdaq Helsinki.
Market Position Global Leader: Outokumpu is the largest producer of stainless steel in Europe and the second largest in the Americas. The company's stainless steel is used in various applications, from basic structures to famous landmarks and household appliances.
Sustainability Focus: Outokumpu is dedicated to sustainability, with a focus on reducing emissions and promoting a circular economy. The company's stainless steel has a significantly lower carbon footprint compared to the global industry average.
Recent Developments Innovation Challenges: Outokumpu has launched innovation challenges to engage with startups and scaleups, aiming to develop advanced surface functionalities and enhance the properties of stainless steel beyond corrosion resistance and aesthetics. Partnerships: The company has partnered with organizations like Combient Foundry to drive innovation in the steel industry and collaborate on sustainable solutions.
Outlook: Outokumpu is focused on driving the green transition and reducing its carbon footprint. The company's commitment to sustainability and innovation positions it well for future growth and success in the stainless steel industry
Final words: With current events and Europe heading towards self-sustainability & rearming I believe that this company could be HUGE part of this process in coming years.
https://therecord.media/signal-no-longer-cooperating-with-ukraine. Do i need to say more?