Outokumpu ponders new field of activity

Stainless steel group Outokumpu is testing the waters for new activities that may involve powder metallurgy and could be located in Germany.

German press reports suggest that the company might be building a new production facility at its strip mill in Krefeld, and that it is currently looking for a partner for such a project.

Upon request by Kallanish, a spokesperson of the company states that there are not many details to share yet, due to the status of the project.

“In line with our efforts to develop our operations and products, Outokumpu is continuously monitoring the markets for new business opportunities such as metal powder,” she says.

She confirms that the company is discussing a possible partnership with one of the market key players in this segment. As the planning process is still on-going, it won’t comment on further details at this point.