Outokumpu takes graphite electrode upcharge in use

Outokumpu Oyj
Press release
September 27, 2017 at 11.00 am EET

Outokumpu introduces a graphite electrode upcharge for all stainless steel products with immediate effect. The tight supply situation within the graphite electrodes market has led to limited global availability of graphite electrodes and sharp increases in their prices. This has in turn led to significant increase in the production costs of stainless steel.

The initial electrode upcharge will be 30 €/tonne, and it concerns all new contracts and spot-orders in Europe, Middle East, Africa, Australia and Asia as of September 26, 2017. The graphite electrode upcharge will be updated monthly and published on the Outokumpu website at outokumpu.com/surcharges.

For more information:

Corporate communications, tel. +358 9 421 3840

Outokumpu Group




Outokumpu is the global leader in stainless steel. We aim to be the best value creator in stainless by 2020, through our competitive edge of customer orientation and efficiency. The foundation of our business is our ability to tailor stainless steel into any form and for almost any purpose. Stainless steel is sustainable, durable and designed to last forever. Our customers use it to create civilization’s basic structures and its most famous landmarks as well as products for households and various industries. Outokumpu employs 10,000 professionals in more than 30 countries, with headquarters in Helsinki, Finland and shares listed in Nasdaq Helsinki. www.outokumpu.com      outokumpu.com/stainless-news       choosestainless.outokumpu.com