Outokumpu’s EVOLVE strategy focuses on sustainable stainless steel and speciality grades. The plan targets growth in advanced alloys and low-CO2 metals like chromium.

Outokumpu has unveiled its new strategy for 2026 to 2030, called EVOLVE. This strategy expands upon cutting-edge materials, sustainable stainless steel, and forward-thinking technologies.

The company’s vision is clear. It wants to pioneer materials and technologies that power tomorrow. Growth will come from high-value, high-margin grades and close customer collaboration. Outokumpu also aims to explore low-CO₂ metals, starting with chromium.

To better guide investments, businesses are now classified as foundational or transformative. This helps focus resources and creates long-term value.

Sustainable stainless steel remains the foundation. With strong local production and secure raw materials, Outokumpu delivers cost efficiency. Its leadership in sustainability helps fuel transformation. This core business also supports financial strength to invest in change.

In advanced materials and alloys, Outokumpu plans to grow with high-grade, speciality products. Through customer-driven innovation, this sector lowers cyclic risks and promotes consistent profit.

The shift will be greatly aided by new materials and technologies.

 The focus begins with chromium metals from the Kemi mine. Outokumpu produces pure chromium and low-CO₂-enriched ferrochrome using state-of-the-art technology. Other important metals in the stainless steel chain might be included in this platform.

Financial goals support the strategy. Outokumpu stays committed to a strong balance sheet. Growth, resilience, and returns guide all capital decisions. The company plans to pay steady, growing dividends. At the same time, it will invest in high-impact initiatives with at least 20% IRR.