Tag «outokumpu»

Stainless steel continuous slab caster modernized by Primetals Technologies started up at Outokumpu in Finland

Stainless steel continuous slab caster modernized by Primetals Technologies started up at Outokumpu in Finland • Modernization facilitates production of slabs with a thickness of 200 millimeters • High-speed casting of austenitic grades is still possible with the new thickness • Production capacity rises In December 2017, the stainless-steel continuous slab caster modernized by Primetals …

Outokumpu completes the ramp down of the Bochum melt shop

Outokumpu completes the ramp down of the Bochum melt shop Outokumpu announced today that the Bochum melt shop ramp down in Germany has been completed. The last melt was marked with a ceremony honoring the over 100 years of stainless steel operations in Bochum that now ended. Said Outokumpu Senior Vice President Coil EMEA – …

Outokumpu appoints Michael Williams President and Head of Business Area Coil Americas, joins Outokumpu Leadership Team

Outokumpu today announced the appointment of Michael Williams as the President and Head of Business Area Coil Americas and member of the Outokumpu Leadership Team as of July 1, 2015. Williams has over two decades of experience in the metals industry, including sixteen years at US Steel where he held a number of senior leadership …

Outokumpu launches new product categorization and innovations

Outokumpu lauches new product categorization and innovations Outokumpu today announced a new way to categorize its wide range of stainless steel products. By arranging its products according to performance, such as strength, heat-resistance and corrosion-resistance, the company puts customer needs first. The new approach will help customers to identify and compare different product options and …

Outokumpu CEO Mika Seitovirta elected the Chairman of ISSF

The International Stainless Steel Forum (ISSF) elected Mika Seitovirta, Outokumpu CEO, as new chairman in the organization’s 19th Annual Conference in Hong Kong, China. His position and duties as the Outokumpu CEO continue. The term of the ISSF chairman is two years. Says Mika Seitovirta: “Long-lasting, durable and 100% recyclable, stainless steel is the …

Outokumpu Annual Accounts Bulletin 2014: Clear improvement in financial performance and debt reduction in 2014, turnaround to profitability continues

Strong operating cash flow and underlying EBIT of EUR -9 million in Q4. Clear improvement in financial performance and debt reduction in 2014, turnaround to profitability continues. Highlights in the fourth quarter 2014 Outokumpu delivered underlying EBIT of EUR -9 million compared to EUR -28 million in the third quarter. Financial performance was negatively impacted …

OUTOKUMPU TO INVEST IN UTILIZING LIQUEFIED NATURAL GAS IN FINLAND

Outokumpu invests approximately 30 million euro into using liquefied natural gas (LNG) at Tornio mill instead of propane. The vast majority of the investment, phased over 2015–2018, is used to make the required equipment modifications at the Tornio mill. The transfer to LNG is made possible by the construction of a liquefied natural gas (LNG) …

OUTOKUMPU TO INVEST IN MERCURY CLEANING TECHNOLOGY AT TORNIO PLANT

Outokumpu’s Tornio plant has made continuous and long-time study to find an appropriate mercury cleaning technology to further reduce mercury emissions. A suitable technique has now been found and Outokumpu will invest in mercury cleaning technology at Tornio plant. Mercury is a foreign matter in stainless steel production: Outokumpu does not use mercury at all …