Outokumpu
Produces stainless steel metal powders for additive manufacturing, atomized from recycled scrap at its Krefeld, Germany plant, targeting aerospace, aviation and industrial AM applications.
- CEO / Founder
- Kati ter Horst
- Team Size
- 5001-10000
- Stage
- Public
- Total Funding
- $2.47B
- Latest Round
- IPO
- Key Investors
- Solidium Oy
Technology & Products
Key Products
Stainless steel metal powders for additive manufacturing; Stainless steel coil, strip and sheet; Quarto plate and precision strip; Ferrochrome
Technological Advantage
Outokumpu leverages its position as a leading global stainless steel producer to supply AM-grade stainless steel powders, atomized at its Krefeld, Germany plant (inaugurated August 2023 with equipment supplied by SMS group). The company claims a sustainability advantage by incorporating recycled scrap into its powder feedstock and by branding its low-carbon metal production technology. The advantage is primarily scale, metallurgical know-how and integrated raw-material supply rather than a proprietary AM process; the powder atomization capability itself is replicable by other large steel and powder producers, so defensibility rests on feedstock cost, traceability and low-carbon credentials rather than a protected process patent.
Differentiation
Value Proposition
Supplies low-carbon, recycled-content stainless steel AM powders from an integrated European producer, giving AM users a traceable, sustainability-differentiated feedstock source with the metallurgical consistency of a major stainless steel maker.
How They Differentiate
Differentiates from specialist metal powder producers through integrated stainless steel production, recycled-scrap feedstock and low-carbon credentials, offering AM users a sustainability-differentiated stainless steel powder backed by a major European steelmaker's metallurgy and supply chain.
Market & Competition
Target Customers
Aerospace and aviation manufacturers, industrial AM part producers, and metal powder distributors requiring corrosion-resistant stainless steel feedstock
Industry Verticals
Aerospace; Aviation; Industrial manufacturing; Energy; Transport; Construction
Competitors
Sandvik (Osprey metal powders); Carpenter Technology; Höganäs AB
Growth & Milestones
Growth Metrics
2025 net sales EUR 5,468 million; adjusted EBITDA EUR 167 million; 1,751,000 tonnes of stainless steel deliveries; 8,605 employees across close to 30 countries; 97% recycled material content; 33% reduction in CO2 emission intensity from 2016 baseline; #1 market position in Europe and #2 in North America for stainless steel.
Major Milestones
1910: Copper ore deposit discovered at Outokumpu, leading to company formation in 1914; 1988: Listed on the Helsinki Stock Exchange as Outokumpu Oyj; 2012: Acquired Inoxum (ThyssenKrupp stainless steel business); 2023: Inaugurated metal powder atomization plant in Krefeld, Germany for additive manufacturing
Notable Customers
Harvia (customer case study referenced on website)
Funding rounds
- Debt€250M2016-06Source: Outokumpu Oyj investor materials (senior secured notes issued 16 June 2016, principal EUR 250M), converted at EUR/USD ~1.13
- Post-IPO€650M2013-12Source: Outokumpu Oyj stock exchange release 30 November 2013 (GlobeNewswire, 'Outokumpu announces comprehensive measures to strengthen its balance sheet'); EUR 650M rights issue with Solidium participation, converted at EUR/USD ~1.37
- Post-IPO€1.0B2012-03Source: Outokumpu Oyj stock exchange release 7 March 2012 (GlobeNewswire, 'ENG Rights issue 7.3.2012.pdf'); rights issue gross proceeds approx. EUR 1.0B, converted at EUR/USD ~1.32
- IPO1988-01Source: Outokumpu corporate history / Nasdaq Helsinki listing (HEL:OUT1V); Outokumpu has been listed on the Helsinki Stock Exchange since 1988