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Outokumpu Has Announced an Update on Its Strategy
Sep 28, 2014Finland-based stainless steelmaker Outokumpu has announced an update on its strategy, and also announced the expansion of its efficiency programs as well as the expected achievement of its €200 million synergy targets in 2015, two ...
Tags: Outokumpu, stainless steelmaker
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ThyssenKrupp Has Decided to Shut Down One of The Two Electric Arc Furnaces at AST
Aug 13, 2014German steelmaker ThyssenKrupp has announced that it has decided to shut down one of the two electric arc furnaces at Acciai Speciali Terni (AST), its stainless steel plant in Italy, in 2015-2016 to focus on cold rolled products. ...
Tags: ThyssenKrupp, shut down, Metallurgy, Mineral
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Outokumpu Has Announced Its Financial Results for The Second Quarter of The Current Year
Aug 12, 2014Finland-based stainless steel producer Outokumpu has announced its financial results for the second quarter of the current year, indicating that stainless steel demand continued to recover and base prices increased moderately in both Europe ...
Tags: Outokumpu, Announce, Financial Results
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Outokumpu Completed The €100 Million Investment Project at Its Quarto Plate Mill
May 21, 2014Finland-based stainless steel producer Outokumpu has announced that it has completed the €100 million investment project at its quarto plate mill in Degerfors, Sweden. The investment program entailed upgrades to the whole production ...
Tags: stainless steel, Outokumpu
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Outokumpu Is Delivering About 4,000 Mt of Duplex Stainless Steel
May 15, 2014Finland-based stainless steel producer Outokumpu has announced that it is delivering about 4,000 mt of duplex stainless steel for the Husab uranium mine project in Namibia, Africa. Outokumpu's stainless steel will be used in tanks, pressure ...
Tags: Stainless Steel, Namibia Project
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European Stainless Crude Steel Production Decreased by Three Percent in Jan
Apr 21, 2014In January this year, European stainless crude steel production decreased by three percent to 670,000 metric tons, with German production decreasing by 19 percent, Sweden's production down four percent and Slovenia's production up 24 ...
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Finland-Based Stainless Steel Producer Outokumpu Saw a Small Upturn in Stainless Demand
Apr 16, 2014Finland-based stainless steel producer Outokumpu said Monday it has seen a small upturn in stainless demand and is cautiously optimistic about forward prospects. CEO Mika Seitovirta told the company's annual general meeting of ...
Tags: Finland, stainless steel
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Outokumpu Focus All Its Efforts and Energy on Profitability Improvements
Apr 15, 2014On April 14, Mika Seitovirta, CEO of Finland-based stainless steel producer Outokumpu, stated at the company's annual general meeting that in 2013 the weaker-than-expected market and the remedy requirement set by the European Commission ...
Tags: Outokumpu, stainless steel
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Outokumpu's Industrial Plan Have Been Successfully Concluded in Germany
Apr 3, 2014Finland-based stainless steelmaker Outokumpu has announced that the negotiations regarding its industrial plan have been successfully concluded with employee representatives and unions in Germany. The industrial plan was originally ...
Tags: Steel, stainless, Metallurgy, Mineral
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Outokumpu Completed The Strategic Review of Its Thin and Precision Strip Operations
Feb 20, 2014Finland-based stainless steel producer Outokumpu has announced that it has completed the strategic review of its thin and precision strip operations in Kloster and Nyby, Sweden and in Dahlerbrück, Germany, launched in June 2013 with ...
Tags: stainless steel, Outokumpu
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Outokumpu Is to Supply High-Performance Stainless Steel Grade to The Indian Company
Dec 23, 2013Finland-based stainless steel producer Outokumpu has announced that it is to supply more than 700 mt of high-performance stainless steel grade from its European mills to the Indian engineering company, Thermax Limited, for the construction ...
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Finland Stainless Steel Maker Outokumpu Announced to Close Krefeld Smelting Factory
Dec 13, 2013It is reported that Finland stainless steel maker Outokumpu announced to close in Germany Krefeld smelters plant. The last trading time is December 6th, 2013. Outokumpu said the smelting plant is closed annually 600,000 tons of smelting ...
Tags: stainless steel, Finland, Outokumpu, Krefeld smelters plant, close
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Outokumpu Secured The Best Possible Price on Terni and VDM
Dec 11, 2013Following the transaction concluded with German steel giant ThyssenKrupp for the divestment of Italian mill Terni and the high performance alloy unit VDM, Finland-based stainless steel producer Outokumpu has stated that with this ...
Tags: steel, metallurgy, price
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The Closure of Its Krefeld Meltshop in Germany Has Been Completed
Dec 10, 2013Finland-based stainless steel producer Outokumpu has announced that the closure of its Krefeld meltshop in Germany has been completed according to a plan announced in January 2012. The last day of operations at the meltshop was December 6, ...
Tags: stainless steel, metallurgy
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Outokumpu Plans to Divest Its Italian Steel Plant Terni
Dec 3, 2013Finland-based stainless steel producer Outokumpu has announced that it plans to divest its Italian steel plant Terni (Acciai Speciali Terni) and its high performance alloy unit VDM. Outokumpu has signed a binding agreement with ThyssenKrupp ...
Tags: steel producer, Outokumpu
