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01.11.22 – Outokumpu aims to improve its energy efficiency significantly

Outokumpu aims to improve its energy efficiency significantly

Amidst the European energy crisis

Outokumpu has decided to significantly increase its energy efficiency improvement target and prioritize related investments in 2023 and 2024. Von Jörg Dambock

“The further delay of the restarting of the furnace is a difficult but necessary measure in an utterly exceptional situation.” says Martti Sassi, President, business area Ferrochrome. © Outokumpu

28.10.22 – Restriction of the ferrochrome production

Restriction of the ferrochrome production

Outokumpu completed the change negotiations

Outokumpu has completed its change negotiations related to the company’s plans to further restrict the ferrochrome production and to delay the restart ... Von Jörg Dambock

“We hope that politicians will take an active role in stabilizing the energy market environment,” says Martti Sassi, President, business area Ferrochrome. © Outokumpu

18.10.22 – Restart delay at least until the end of the first quarter of 2023

Restart delay at least until the end of the first quarter of 2023

Outokumpu plans to continue to restrict its ferrochrome production

The price of electricity remains exceptionally high and the situation on the energy market has not eased since Outokumpu announced on September 6 its decision ... Von Jörg Dambock

“Energy prices have increased significantly, which has had a negative impact on our cost competitiveness compared to our non-European competitors”, says Martti Sassi, President, business area Ferrochrome. © Outokumpu

07.09.22 – After a maintenance break due to the elevated electricity price

After a maintenance break due to the elevated electricity price

Outokumpu will delay restart of ferrochrome furnace

Due to exceptionally high energy prices and an unstable energy market, stainless steel producer Outokumpu has decided to delay the restart of one of its ... Von Jörg Dambock

According to the agreement, deliveries of wind power will begin in January 2023. © Outokumpu

12.08.22 – Outokumpu increases the share of low-carbon energy

Outokumpu increases the share of low-carbon energy

Wind power agreement

Outokumpu has signed a 10-year power supply agreement for renewable wind power with Swiss electricity producer Alpiq. Von Jörg Dambock

21.07.22 – Outokumpu divests the majority of its Long Products business

Outokumpu divests the majority of its Long Products business

Agreement with Marcegaglia Steel Group

Outokumpu has signed an agreement to divest the majority of their Long Products business operations to Marcegaglia Steel Group, a leading industrial group ... Von Jörg Dambock

92% lower carbon footprint than the global average and 64% lower than Outokumpu’s regular production. © Outokumpu

17.06.22 – 92% lower carbon footprint than the industry average*

92% lower carbon footprint than the industry average*

The world’s most sustainable stainless steel

Stainless steel manufacturer Outokumpu has launched a new line of emission-minimized stainless steel with 92% lower carbon footprint than the average*. ... Von Jörg Dambock