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Sustainable stainless steel manufacturer
outokumpu.comLast updated
In short: Outokumpu reported improved second-quarter profitability despite missing market forecasts and launched new sustainable investment programs.
The EUR 30 million facility converts biochar into biocoke for ferrochrome production, potentially cutting annual carbon dioxide emissions by up to 82,000 tonnes while supporting corporate climate goals.
The change aligns the organization to support the next phase of EVOLVE strategy and Advanced Materials growth ambitions
Adjusted EBITDA rose to EUR 100 million as the company invests in high-nickel alloys at Avesta and advances low-carbon ferrochrome patents.
Group deliveries decline 0-10% while EBITDA stabilizes. Geopolitical tensions, US tariffs, energy costs, and cyber threats remain key challenges.
13,000 tons per year. They are making a major investment in niche materials with higher margins: "This is to be implemented in a relatively short time."
JPMorgan's analyst raised the recommendation and target price for steel company Outokumpu's share. The bank sees signs of improvement in the outlook for European stainless steel and expects earnings growth of sector companies to accelerate towards the end of the year. Hot...
Outokumpu recorded earnings before interest, taxes, depreciation and amortisation (EBITDA) of €100m for Q2 of 2026, an ...
Investments are in the pipeline. The company is now launching a project in Sweden to accelerate alloys containing plenty of nickel. In the USA, Outokumpu is now setting up a pilot plant for its pure chromium plan, which could lead in the future...
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