Outokumpu’s emission-minimized stainless steel gaining share

Outokumpu’s emission-minimized stainless steel gaining share in the industry – cooperation with steel distributor Klöckner & Co started

Outokumpu has ambitious targets in terms of sustainability and is further shaping the stainless steel market by setting a new benchmark with its Circle Green product line, launched in June 2022. Outokumpu is starting cooperation with Klöckner & Co, one of the largest producer-independent distributors of steel and metal products, by delivering the first coil made of emission-minimized stainless steel. From 2023 onwards, the companies intend to supply larger quantities of the product.

“After securing significant quantities of CO2-reduced steel at an early stage, we are now also committed to increasing the availability of other CO2-reduced metals for our customers – Outokumpu's first CO2-minimized stainless steel coil is another important step for our company in the right direction. With this we enable even more of our customers to build sustainable value chains already today and strengthen our position as a pioneer of sustainability,” says Guido Kerkhoff, CEO of Klöckner & Co.

Outokumpu’s Circle Green is classified in the best, so-called ‘Prime’ category in Klöckner & Co's new categorization for stainless steel. By this collaboration, Klöckner & Co will be able to significantly expand its portfolio of CO2-reduced materials, services, and logistics under the new umbrella brand Nexigen®.

Outokumpu’s Circle Green production was the first of its kind globally, as no other stainless steel manufacturer has been able to produce stainless steel with such low emission levels when taking into account all the climate emissions from raw material extraction through the whole production chain. Circle Green is available today and will contribute to further decarbonizing the industry sector.

“We want to help our customers and partners to develop solutions that reduce climate burden by means of the right material choices. Earlier this year, we launched our emission-minimized product, Circle Green, which has attracted interest and created demand among our customers across segments. We are pleased to cooperate with Klöckner & Co – both companies are united by our strong aspirations for a sustainable metal sector, which we are once again getting closer to with our collaboration. Partnering around sustainability offers the possibility to cut emissions and help companies to reach their climate targets,” says Heikki Malinen, President and CEO of Outokumpu.

Source and Photo: Outokumpu