From Outokumpu in 2018

"Furthermore, we are investing in ferritics capabilities in our Calvert mill to expand our product offering into a segment that represents over one third of the US stainless steel market."

Great article below:

http://www.worldstainless.org/Files/issf/non-image-files/PDF/ISSF_The_Ferritic_Solution_English.pdf

when nickel goes through the roof..ferritic is a good solution. Look at the chart on page 13 of 68 in the link above. 

Looks like Outokumpu USA is getting ready for a repeat of the nickel chart by the choice to invest in Ferritic capabilities in the USA.

"Ferritic stainless steels [38][edit]

Ferritic stainless steels possess a ferrite microstructure like carbon steel, which is a body-centered cubic crystal structure, and contain between 10.5% and 27% chromium with very little or no nickel . This microstructure is present at all temperatures, due to the chromium addition, and like austenitic stainless steels these are not hardenable by heat treatment. They cannot be strengthened by cold work to the same degree as austenitic stainless steels. They are magnetic like carbon steel.

As they do not contain Nickel, they cost less than austenitic grades and are now present in a wide range of industries."

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Outokumpu manufactures in USA and in Mexico...

Wouldn't the carbon footprint be better if the chrome was more local to these markets like the chrome from Canada vs shipping it from Finland? Especially when the ferretic stuff uses such a high percentage of chromium?

"Using Outokumpu’s stainless steel decreases our customer's own carbon footprint and that of their customers.

We aim to be the best value creator in stainless by 2020, through our competitive edge of customer orientation and efficiency. "