Industry News

Outokumpu reports positive Q2 performance, stainless steel deliveries grow to 483,000 tons

Views : 54
Update time : 2025-08-01 15:18:28
Outokumpu, a leading stainless steel manufacturer in Europe based in Finland, reported a positive second quarter for 2025. The company's adjusted EBITDA increased to EUR 75 million, up from EUR 56 million in the same period of the previous year.

During the period, stainless steel deliveries also grew to 483,000 tons from 468,000 tons in the second quarter of 2024. The net debt decreased quarter on quarter to EUR 169 million, further strengthening its balance sheet.

The company's new EVOLVE strategy for 2026-2030 aims to drive growth and shareholder value. The main foundational initiatives include a planned investment of approximately EUR 200 million in a new annealing and pickling line in Tornio, Finland, while closing two less competitive lines in Krefeld, Germany. Outokumpu also plans to expand into high-nickel alloys and low-CO2 metals.
Related News
Read More >>
UK’s TRA proposes to maintain AD measure on China’s aluminum foil UK’s TRA proposes to maintain AD measure on China’s aluminum foil
Oct .17.2025
UK’s TRA proposes to maintain AD measure on China’s aluminum foil
Nippon Steel raises 300-series cold-rolled stainless steel prices for Oct Nippon Steel raises 300-series cold-rolled stainless steel prices for Oct
Oct .17.2025
Nippon Steel raises 300-series cold-rolled stainless steel prices for Oct
MIT develops high-strength aluminium alloy, 5x stronger for AM production MIT develops high-strength aluminium alloy, 5x stronger for AM production
Oct .17.2025
MIT develops high-strength aluminium alloy, 5x stronger for AM production
Trade numbers reveal — Iron ore’s dominance fades as bauxite surges Trade numbers reveal — Iron ore’s dominance fades as bauxite surges
Oct .17.2025
Trade numbers reveal — Iron ore’s dominance fades as bauxite surges