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Stainless steals a march

Leslie McCune: What are today’s ‘big issues’ in the global stainless steel market? Juha Kela: Global megatrends such as population growth and urbanisation, increasing mobility, climate change, scarcity
of resources and energy are all big issues in the stainless steel market today and need to be developed sustainably. Sustainability development can be directly linked into stainless steel. The material is fully
recyclable and does not lose its properties in the recycling process. Sustainability is also key to Outokumpu’s long-term prosperity and growth and is embedded in our own vision of building “A world that lasts forever”. We continuously develop our operations as well. Outokumpu produces stainless steel from recycled steel - the recycled content of our steel is above 85% on average, against the industry average of 50%. We have also reduced our direct per ton CO2 emissions by 25% over the last decade. The target is to achieve a further 20% reduction by 2020. Our aim is to make stainless steel with zero waste. Outokumpu stainless steel has a lower environmental footprint than average stainless steel due to the high content of recycled steel, technology and efficient processes, high level of integration, energy efficiency and low-carbon electricity mix. The company is industry leader..............

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October 21, 2015


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