Outokumpu

Circularity. Evolved. Outokumpu’s business is based on circular economy. In 2024 we reached the same, record high level of recycled material rate as last year: Outokumpu's products are made with 95% recycled material rate, turning them into long-lasting, fully recyclable stainless steel. Circularity is truly at the heart of our business: ♻️ Accelerating circularity is a critical enabler of our stainless steel’s low carbon footprint. ♻️ High recycled material rate reduces the use of virgin resources and results in reducing greenhouse gas emissions and mitigating biodiversity loss and ♻️ Outokumpu’s mills can be considered significant recycling facilities. Just in 2024, Outokumpu recycled a total of over 2 million tonnes of recycled metals, equivalent to the weight of 321 Eiffel towers. Learn more about our sustainability work and evolved impact in the 2023 Sustainability Statement: https://lnkd.in/eBR6xcvQ #Circularity #Sustainability #Outokumpu

New business opportunity with Outokumpu 🚀 Outokumpu, a global leader in sustainable stainless steel, is looking for startups and scaleups to co-develop advanced surface functionalities, from novel material properties and process innovations to AI-driven R&D tools and simulation capabilities. As Outokumpu’s CEO Kati ter Horst put it, it’s in their core to provide new, high-value solutions to their customers. Now, we’re exploring new ways to push stainless steel beyond corrosion resistance and aesthetics. If you’re working on cutting-edge coatings, treatments, surface engineering, or digital solutions that drive material innovation, this is your opportunity to collaborate with an industry leader. Submit your solution by 30 March: https://lnkd.in/dqJ7QkUa #stainlesssteel #startups #CombientFoundry #Outokumpu

Big news! 🚀 Outokumpu, the global leader in sustainable stainless steel, is joining forces with Combient Foundry. “Partnering with Outokumpu means more than just collaboration - it’s about bringing cutting-edge, market-ready solutions to the steel industry.” - Lauri Lehtovuori, CEO of Combient Foundry. With Outokumpu’s leadership position and our global network of top startups in advanced materials, energy, and circularity, we’re fast-tracking sustainable solutions with real business impact. We’re off to a great start, and the first business opportunity is already open! If you’re a startup with a game-changing solution, now is the time to join forces with a global leader. Apply now: https://lnkd.in/dqJ7QkUa Read the full announcement from the link in the comments. #industrialinnovation #ventureclient #startup #startupcollaboration #CombientFoundry #Outokumpu

Apply now for Outokumpu’s first Innovation Challenge! We’re looking for start-ups who think they have the next big idea for new or improved functional surface properties for stainless steel. Whether it improves product longevity, performance, or safety, we’re aiming for solutions that stretch the imagination. At the core of this is our drive to provide new, high-value solutions to our customers. I’m excited to see what kind of pioneering ideas develop from this process. Good luck all! Learn more about the challenge, or apply now: https://lnkd.in/e_jB7vAd

Outokumpu is joining forces with Combient Foundry to drive innovation in the steel industry! 🤝 We are excited to launch our first-ever innovation challenge, engaging with the startup community to drive forward game-changing solutions that will shape the solutions we can provide our customers. We’re looking for a partner who can: 💪 Develop functional surface enhancements for stainless steel that add value beyond corrosion resistance and aesthetics. 🔧 Incorporate these improvements seamlessly into our existing processes. 🏭 Develop solutions that are practical and can be tested on an industrial scale. 🤖 Use AI for faster development and to boost material performance. Do you and your company have a vision on how to improve or create new functional surface properties for stainless steel? 🤔💡 If this sounds like you, apply to our innovation challenge today ⬇️ https://lnkd.in/dqJ7QkUa #outokumpu #startup #innovation #stainlesssteel

To celebrate International Women’s Day, this week we’re highlighting a few of the women who are driving change across the steel supply chain. In Europe, gender diversity and equity in the steel industry remains a significant challenge. Last year, Outokumpu became the first stainless steelmaker to be certified by Fair Pay Workplace for its efforts to ensure sustainable 💰 fair pay across its operations. For Angelica Olsson, Safety and Sustainability Manager at Outokumpu, the ⚙️ steel industry has been the most interesting and challenging industry she has worked in. “The products we produce are fascinating,” says Angelica. “We all need to work every day to ensure that the way we produce is safe and responsible. In my role, I’m fortunate to work with a great team of engineers, enabling our mills to produce safe and sustainable stainless steel. I really feel that the work we do makes a difference.” Read more ⬇️  https://lnkd.in/drg5w6Qm #InternationalWomensDay #IWD2025 #WomenInSteel #Steelmaking #FairPay

🟢 We’re excited to announce a new chapter with product design and manufacturing company Stala Oy, who are now using our pioneering Circle Green stainless steel. 🟢 Stala will use Outokumpu Circle Green®, which has a carbon footprint up to 93% smaller than the global industry average, in kitchen applications including worktops, backsplashes, cabinet doors and cover panels. Stala's innovative approach, including wind power and CO2-free heating, paired with our low-emission stainless steel, sets a new benchmark in sustainable kitchen solutions. Read more on this next step in a partnership that started in 1972 ⬇️ https://lnkd.in/eN-gB3Uf

Climate impact. Evolved. 🌍 In 2024, we supported our customers in reducing their supply chain emissions by 10 million tonnes compared to the global average of stainless steel. That equals to 51 million train trips 🚆 around the world. That is the Green Transition made real. How did we do it? With Outokumpu’s Stainless Steel: 💚 It has up to 75% lower carbon footprint than the global industry average. 💪 It helps customers to reduce their carbon footprint. ♻️ It's 100% re-usable, long-lasting, and made with over 90% recycling rate. Learn more about our sustainability efforts in the 2024 Sustainability Statement: https://lnkd.in/eBR6xcvQ #Outokumpu #stainlesssteel #greentransition

CBAM is moving forward, but its details will determine whether it ensures fair competition or puts European industry at a disadvantage. From Outokumpu’s perspective, CBAM is essential for securing a level playing field where European steel can compete sustainably on the global market. Martti Sassi, President of the Ferrochrome business area at Outokumpu, shared his insights in Talouselämä opinion piece, ”A Defining Moment for the Competitiveness of the Steel Industry”, highlighting the risks and opportunities of CBAM and outlines five key improvements to make it truly effective. 🔗 Read the full article (in Finnish): https://lnkd.in/efVtCfph Key takeaways from the article: ➡️ CBAM must cover the full carbon footprint – Indirect emissions (Scope 2) should be included, as excluding them puts European players at disadvantage. ➡️ It should apply to steel-intensive end products as well – If only raw steel is covered, downstream production could shift outside the EU. ➡️ Prevent loopholes – Emission-intensive steel should not be rerouted through unregulated markets. Allocation should be based on where the most value (such as steel melting) is added. ➡️ Avoid unfair default values – If actual emissions data is missing, the assumed emissions for imports must reflect real levels to prevent underreporting. ➡️ Ensure export competitiveness – Either maintain free allocations for exports or introduce rebates to keep European companies competitive in global markets. CBAM is a crucial step forward, but its effectiveness depends on the details.

Pay Equity. Evolved. Happy #InternationalWomensDay! Achieving gender equality and women’s well-being in all aspects of life is if we want to create prosperous economies and a healthy planet 🌎 At Outokumpu, we want to foster a work environment that allows all team members to develop and grow – and to be equally paid. In 2024, we continued our commitment to creating and sustaining a fair and equal workplace. Compared to 2023, pay equity was improved and today, women in Outokumpu earn 0.996 EUR for every 1 EUR earned by men, considering the compensation from similar job positions, qualifications, and experience. We were also received a Fair Pay Workplace certification as the first company in the stainless steel industry. The certification serves as tangible evidence of our dedication to fostering an environment where everyone is treated equally and is provided with the opportunity to thrive. Find out more from our Annual Report: https://lnkd.in/eBR6xcvQ #IWD2024 #FairPayWorkplace #AccelerateAction