Finland headquartered global stainless steel leader Outokumpu will restart its third ferrochrome furnaces earlier than planned on 15 February 2023but continues to optimize ferrochrome production capacity. The furnace was shut down temporarily beginning in September due to the high price of electricity, and the plan was to delay its restart at least until the end of the first quarter of 2023.The optimization of ferrochrome production based on the price of electricity continues for all three furnaces, and the production capacity remains at 50–60% of normal.Outokumpu’s President Ferrochrome Mr Martti Sassi said “The restart of the third ferrochrome gives us more possibilities for optimizing the production in the current situation in the electricity market. As the furnace will be restarted, also the employees of that furnace will return to work at the ferrochrome operations. The majority of them have been working in Outokumpu’s stainless steel operations in Tornio.”
Finland headquartered global stainless steel leader Outokumpu will restart its third ferrochrome furnaces earlier than planned on 15 February 2023but continues to optimize ferrochrome production capacity. The furnace was shut down temporarily beginning in September due to the high price of electricity, and the plan was to delay its restart at least until the end of the first quarter of 2023.The optimization of ferrochrome production based on the price of electricity continues for all three furnaces, and the production capacity remains at 50–60% of normal.Outokumpu’s President Ferrochrome Mr Martti Sassi said “The restart of the third ferrochrome gives us more possibilities for optimizing the production in the current situation in the electricity market. As the furnace will be restarted, also the employees of that furnace will return to work at the ferrochrome operations. The majority of them have been working in Outokumpu’s stainless steel operations in Tornio.”
