Outokumpu Krefeld Stainless Steel Powder Plant to Open in Summer

Members of the Christian Democratic Union parliamentary group in North Rhine-Westphalia met with Outokumpu representatives at the Outokumpu mill in Krefeld in Germany to discuss topics that are currently concerning the steel industry. In addition to aspects of sustainability, the discussions focused on the company's products and customers. Outokumpu has made numerous investments in modernizing production lines and infrastructure and initiated new projects in the recent years. For example, the setup of a new production plant that will convert stainless steel scrap into powder is currently in full swing. Such high-quality stainless steel powder is used, amongst others, for the metallic 3D printing of components in the aviation, automotive, oil and gas or tool industries. The new plant is built in cooperation with SMS group and is scheduled to go into operation this summer.

Outokumpu Nirosta GmbH Managing Director &Labor Director Mr Henrik Lehnhardt told "The new powder production plant is just one building block with which we are aligning this location with the future. In the coming years, the entire Industry Park where our mill is located is to be further developed together with the second property owner, Thelen Group, and upgraded by settling new companies."

Sustainability in all production areas, but also in procurement, is of great importance to Outokumpu and one of the core elements of the corporate strategy. Already today, the company's carbon footprint is 70% lower than the global industry average. And last year, Outokumpu committed to the 1.5 degree climate target of the Science Based Targets Initiative and is currently the only stainless steel manufacturer to commit to these ambitious CO2 reductions.

Outokumpu Krefeld Stainless Steel Powder Plant to Open in Summer

Strategic Research Institute

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