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Outokumpu Decides to Divest its Long Products Business

Outokumpu Decides to Divest its Long Products Business

July 13th 2022
The transaction is for a total consideration of EUR 228 million, on a debt and cash free basis.
Universal Stainless Restarted Operations at Bridgeville Melt Shop

Universal Stainless Restarted Operations at Bridgeville Melt Shop

The business conditions continue to remain strong, Oates added.
Outokumpu Declared New Sustainability-Linked Performance Share Plan

Outokumpu Declared New Sustainability-Linked Performance Share Plan

The PSP, part of the regular compensation of top executives, will set the compensation criteria for each period. A maximum of 150 key employees will be included in each period.
Thyssenkrupp AST Stainless Steel Mill Assets To be Sold

Thyssenkrupp AST Stainless Steel Mill Assets To be Sold

As per reports, the company is also exploring possibilities of a minority shareholding in the AST Group.
World Stainless Steel Output to Surge by 11% in 2021

World Stainless Steel Output to Surge by 11% in 2021

As per data, the stainless steel output by Indonesia totalled around 1.03 million tonnes during the initial quarter of the current year.
Indonesia to Become World’s Second Largest Stainless Steel Producer

Indonesia to Become World’s Second Largest Stainless Steel Producer

The Japanese production is likely to remain more or less flat.
Trade Body Predicted Robust Recovery for Stainless Steel Sector

Trade Body Predicted Robust Recovery for Stainless Steel Sector

Looking into 2021, ISSDA expects to achieve a healthy production pace and a steady revival in demand.

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