Outokumpu Oyj is a group of international companies headquartered in Helsinki, Finland, employing 10,600 employees in more than 30 countries.
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11 Facts About Outokumpu
3.
Outokumpu has a long history as a mining company, and still mines chromium ore in Keminmaa for use as ferrochrome in stainless steel.
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4.
From 1986 to 1988 Outokumpu participated in a stainless steel cartel; it was caught in 1990, but not fined.
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5.
In 2001 Avesta Sheffield—which was formed from a 1991 merger of British Steel Stainless with the Swedish firm Avesta —merged with Outokumpu, forming the third-largest stainless steel producing company in the world at the time.
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6.
In June 2006, Outokumpu Technology was spun off as a separate, renamed Outotec in April 2007.
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7.
On 31 January 2012, Outokumpu announced it would buy Inoxum, the stainless steel division of German ThyssenKrupp, for 2.
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9.
In July 2014, Outokumpu agreed to settle with Boliden and engineering group IMI, who had sued Outokumpu in 2012 to cover Boliden's losses from the lawsuit over price-fixing of copper tubing.
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10.
Outokumpu continued the melting shop, special strip cold rolling and finishing, bar rolling, and UK distribution.
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11.
Outokumpu has an integrated stainless steel mill in Calvert, Alabama involved in melting and rolling coil; a plant in Wildwood, Florida which produces pipes and tubes; a bar product plant in Richburg, South Carolina; and a cold rolling mill in San Luis Potosi which manufactures coil, strip, sheet, circles and plate.
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