Ovako develops high-tech steel solutions for a sustainable future (original) (raw)

Together we create steel for a decarbonized society

Stories

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Career

Apprenticeship Opens New Career Paths at Ovako

Ovako’s apprenticeship program offers a hands-on way to become a professional in metal refining. Henri Luostarinen and Marjo Saarela both started this journey with different backgrounds but share the same goal: to gain a new profession in a stable and diverse industrial company. Read more about their learning experiences.

Career

Together We Build the Future Locally

We are happy and proud that Ovako has once again been nominated as a "Career Company" for 2025. This nomination is not only a recognition of our work at the corporate level but also a testament to the efforts being made locally at our sites in Hofors, Hällefors, Smedjebacken, Boxholm and Hallstahammar.

About Ovako

Discover Stålverket – Ovako’s New Podcast!

Step into the world of the steel industry with our new podcast Stålverket. We bring you inspiring stories from engineers, insights into sustainable production, and a unique glimpse into life at our high-tech steel plants

Sustainability

Green steel - the uncomfortable truth

Green steel is generating a lot of media buzz, but just what does that really mean? What factors should customers consider for sustainability? Vendela Stenius, Ovako’s Sustainability and Communications Specialist, explains why we ground our claims in hard facts and never actually talk about “green steel”.

Young Professionals meet in Smedjebacken

Employee Stories

Young Professional Network

The Young Professional Network at Ovako is helping its young talents grow and work together.

Customer case

Pumping Iron

With more than a thousand world records under its belt, Eleiko has long been the barbell of choice among weightlifters worldwide. How did a small, family-owned Swedish company that specialized in waffle irons become the world’s most highly regarded barbell? And what role has Ovako’s steel played in this success story?

Career

Ovako – nominated to the Career Company Award 2025

We are very pleased that Ovako has been awarded the Career Company Award 2025 (Karriärföretagen) and Sweden's most attractive employer. The Career Company award is presented to employers who offer unique career and development opportunities for students, Young Professionals but also Senior Professionals.

Employee stories

Women redefining the steel industry

Welcome to our celebration of International Women's Day, a momentous occasion where we honor the remarkable achievements and contributions of women worldwide. Today, we are thrilled to spotlight the extraordinary women who are at the forefront of our company, spearheading a transformation in the steel industry towards a more modern and relevant era.

Customer Case

Plowing into the future

To run a profitable business, farmers need strong, reliable and lightweight plows. Using steel provided by Ovako and other suppliers, the Kverneland Group’s factory in Klepp, Norway, is producing plows that meet farmers’ demanding requirements.

Informative image: Hot-rolled steel bar

Olofsfors sustainable forestry

customer case

Tracks for sustainable forestry

Today’s forestry machine operators can command a premium for products with a low environmental footprint. According to consulting firm McKinsey, consumers in Europe and the US will pay at least five percent more for green buildings, furniture and packaging. Meanwhile, the industry is under pressure to report and improve its performance as environmental legislation becomes tighter.

Graph Circularity at Ovako

sustainability

Circularity and carbon footprint as future key properties

There are currently over 100 different definitions of circular economy and the Ellen MacArthur foundation provides one of them. In 2005, Ellen MacArthur set the fastest time for a solo sailor to circle the world. Five years later, she set up the foundation in her name to accelerate the transition to a circular economy.

sustainability

Safety now and in the future

Safety first is Ovako’s philosophy for every aspect of our operations. In recent years this has led to a strong improvement in our Lost Time Injury Frequency Rate (LTIFR) that are now well below the industry average. In fact, we have reduced injuries with sick leave by 95% over the last seven years explains Phetra Ericsson EVP HR, Communication & EHS Ovako Group.

Graph with IQ-steel and BQ-steel fatigue strength

research and insights

Why we care about fatigue

Designers of critical components are on a constant quest for materials that are lighter, stronger and capable of handling ever greater and more complex loads. They especially value high mechanical strength. Yet it is metal fatigue that causes the majority of premature failures in service. To combat this, Ovako has focused on developing clean steels in which the small inclusions that give rise to fatigue failure are closely controlled. Patrik Ölund, Head of Group R&D at Ovako explains how this is done.

informative image: Hybrid Steel

Research and insights

Hybrid Steel – combining strength, weldability and corrosion resistance

Traditionally, steels were classified into four categories: tool steel, stainless steel, engineering steel and maraging steels. That mold was broken in 2017 with the launch of our Hybrid Steel – a new family of grades with an innovative alloying philosophy. The result is that the key properties of each category are available in one high-performance steel.

Illustration Ladle furnance + degassing

steel portfolio

IQ-Steel replacing remelted steel

“Industry is facing a challenge from growing lead times for remelted steel”, says – Stefan Czeczor, Dip -ing. Manager Technical Customer Support. Stefan continues “in some cases, suppliers are quoting lead times of two years, with a minimum order quantity (MOQ) of 20 tonnes or more and with no flexibility to vary order quantity or dimensions.”

Illustration transportation options for steel

sustainability

Sustainability in transport is not always what it seems

The carbon footprint of a material is just one aspect of a product’s environmental impact. How it is transported also influences the carbon footprint – and the impact can be surprising. Ted Lundström, our Head of Global Logistics, explains why.

Steel Navigator

SERVICES

Steel Navigator: a tool to find value

Björn Olsson, Group Application Specialist and segment manager for rock tools, explains how the Steel Navigator is a platform that helps customers maximise value and highlights future developments.

IT team at Ovako

Hydrogen plant at Hofors steel mill

Research and Insights

Hydrogen plant ramping up

When our electrolyzer ramps up to start full-scale production after the summer break, it will enable us to cut our CO2 emissions by 20,000 tonnes per year by reducing our reliance on fossil fuels. As one of the largest electrolyzers in Europe, the plant has a capacity of 8 tonnes of hydrogen per day and a power rating of 20 megawatts.

Niklas Magnusson at Ovako

Exchange program in Japan

Women in steel

ABOUT OVAKO

Women in steel

As we are celebrating the International Women´s Day worldwide we would like to highlight some of the women in our company who is changing the steel industry to something more modern and relevant.

Tinsley Bridge

CUSTOMER CASE

Easy Rider

For Tinsley Bridge Ltd., a leading manufacturer of steel torsion and suspension bars for the automotive industry, its product goals have always been optimum strength and light weight – a challenging combination.

decorative image

SUSTAINABILITY

Celebrations - Carbon Neutral for over a year

Since the 1st of January 2022 we counterbalance all our Scope 1 and Scope 2 emission and became carbon neutral. We will gradually decrease the offset mechanism as we continue to invest in new technology and improve our processes.

Racing car Unic transmissions

Customer case

Driving world-class performance

In the competitive world of car racing, teams are always looking for ways to reduce the weight of their cars without sacrificing reliability. To this end, Mats Karlsson, owner and founder of a workshop specialized in designing transmission components for racing cars, has been producing components that are 40% lighter and with twice the lifespan compared to products manufactured from standard steel.

Ovako employee

CAREER

Ovako – nominated to the Career Company Award 2023

We are very pleased that Ovako has been awarded the Career Company Award 2023 (Karriärföretagen) and Sweden's most attractive employer. The Career Company award is presented to employers who offer unique career and development opportunities for students, Young Professionals but also Senior Professionals.

Employee at production site

EMPLOYEE STORIES

Julia Hermansson

Julia Hermansson has been a controller at Ovako Hällefors since 2017. Her role as a controller includes preparing and following up business plans, budgets and financial statements to analyze and evaluate operational performance. When the opportunity arose for a job that turned out to be a good fit with where she was in her life and education, she jumped at the chance to apply - a decision she has never regretted!

Employee at production site

EMPLOYEE STORIES

Sebastian Smed

Sebastian Smed started his personal journey at Ovako as a summer temp in 2010 - but Sebastian is actually the fourth generation in an unbroken line of the Smed family to work at Ovako in Hällefors. Ever since that summer, he has continued progressing within the company and in addition to his role as a process operator at the rolling mill, Sebastian is also a safety and union representative for IF Metall

Ovako´s stand at Elmia subcontractor

Exhibitions and digital events

When is the best time for a coffee?

A series of trade shows for the engineering contracting industry has prompted us at Ovako to reflect on the value of meeting face to face. We joined the Alihankinta Subcontractor, Tampere in September, MSV International Engineering Fair in Brno in October and Wire in Dusseldorf in June and are currently planning for the Elmia Subcontractor fair in Sweden on 15 – 17 November.

Employee at Ovako

Employee stories

Keeping customers on course with new sales unit for Nordics and Baltics

We have merged our sales units covering Scandinavia, Finland and the Baltics to create a new unit serving customers in our home market of the Nordic and Baltic countries. The new team includes around 15 people in direct sales, as well as a further 40 at Ovako Metals in Tampere, Finland, which provides stock services for our own steel products, as well as stainless steel, copper and brass.

PRODUCT FORMS

Specialist steel supplier cutting costs with SP-Bar

French industrial manufacturer BSA Groupe has boosted its efficiency by switching to Ovako’s SP-Bar as a raw material for peeled bar. BSA processes steel products and other alloys for manufacturers in the automotive, pharmaceutical, construction, aerospace, nuclear and defense industries.

Machining M-steel

STEEL PORTFOLIO

How the M-Steel process enhances machinability

Machinability of steel can have a big impact on the bottom line. By optimizing machine operations, a manufacturer can extend tool life, increase output and minimize waste.

Graph Machinability

RESEARCH & INSIGHTS

Grinding away the mythology of recycled steel

Thomas Björk, PhD, Group Technical Specialist, Ovako Sweden AB, outlines a recent research program that shows both recycled steel and ore-based steel are equally good as raw materials for automotive crankshafts.

STEEL PORTFOLIO

Hybrid Steel benefits at a glance

In the high-stress and elevated temperature applications found in mechanical power transmission systems and engines, the choice of material for critical components makes a huge difference to performance, reliability and lifetime.

Crow bar made by Hultafors

Customer case

Hultafors produces superior wrecking bars with Ovako boron steel

Wrecking bars are invaluable tools for prying apart objects and pulling out nails. Yet, despite its sturdy appearance, a poor-quality bar made from inferior material can snap unexpectedly under pressure, putting workers at risk. That’s why Hultafors, the Swedish hand tool maker, uses high-strength Ovako boron steel for its best quality wrecking bars. The benefit is not only in increased safety, it also enables Hultafors to produce wrecking bars with claws that are thin for great access but still really strong.

Degassing in steel manufacturing

RESEARCH AND INSIGHTS

Vacuum Tank Degassing facility drives new opportunities

Aristotle said, “nature abhors a vacuum”. But our customers are loving the impact of vacuum treatment on the high-quality steel produced by our Smedjebacken mill in Sweden. This follows a €11 million investment in a Vacuum Tank Degassing (VTD) facility that started operation in the summer of 2020. It is the final piece of the jigsaw that enables Ovako to supply customers who need high-performance, reliable and cost-effective steel for demanding applications, especially in the automotive industry.

Employees collaborate in Hofors production site

SERVICES

Digital audit process helping to keep steel production on track

We have overcome travel restrictions during the pandemic by working digitally to achieve the annual quality management certifications for our mills. Maintaining certifications is essential for us to continue supplying our customers. Therefore, we have turned to web conferencing and video calls in place of the usual in-person approach.

RESEARCH AND INSIGHTS

How to specify the right type of wear resistant steel

In the tough environments of the mining, construction and agricultural industries, wear is a fact of life. However, with clever design and specification of wear resistant WR-Steel, engineers can design machines to withstand challenging conditions for longer. As a result, operators will get more life from their machines, reduce repair and maintenance spend, and avoid downtime.

Steel products in agriculture plough

INDUSTRY SOLUTIONS

A quick guide to mechanical wear and tear

Abrasive wear shortens the life of equipment in agriculture, construction, mining and other industries. When a machine experiences excessive wear, it has to come out of service and go for repair or be replaced completely.

Steel Navigator Material data sheet

Steel Navigator Piston rod predictor

SERVICES

Ovako’s Piston Rod Predictor can ensure your design never buckles under pressure

We have developed a unique online tool, called the Piston Rod Predictor, to compare the resistance of different steel grades to buckling in piston rod applications. The emphasis is on buckling because it is the key design consideration for hydraulic cylinders, especially in single-action, push-only applications.

RESEARCH AND INSIGHTS

First in the world to heat steel using hydrogen

Together with Linde Gas AB, Ovako have completed the world’s first successful full-scale trial in a production environment of using hydrogen to heat steel before rolling. The use of hydrogen in combustion would have a great positive effect on the environment since the only emission generated is water vapor.

Hybrid steel temperature

STEEL PORTFOLIO

When the going gets hot – Hybrid Steel® gets going

Ovako has developed Hybrid Steel to merge the unique properties of tool steel, maraging steel and stainless steel into one high-performance steel grade that also offers the production economy of conventional engineering steels.

Maxwell centre University of Cambridge

STEEL PORTFOLIO

R&D is the strength behind Hybrid Steel® – meet Steve Ooi

Steve Ooi is an Ovako Group R&D technical specialist based in England, at the University of Cambridge’s prestigious Maxwell Centre. We asked him to tell us about his background and to answer some questions about the particular benefits of Hybrid Steel.

informative image: Hybrid Steel

Decorative image

SUSTAINABILITY

Products that prove their environmental credentials

Sustainably-sourced steel can help OEMs (Original Equipment Manufacturer) deliver climate-smart products and reduce their overall carbon footprint – and in turn attract environmentally conscious customers and respond to tightening legislation.

RESEARCH AND INSIGHTS

Making steel strong – the inside story

To make our steel strong, Ovako takes precise control of three key factors: 1. How the steel is cooled from its molten state 2. Its microstructure – the very small scale structure seen under a microscope 3. Its chemical composition – both the carbon content and other alloying elements

Be part of a worldwide leader in steel – decarbonizing society for generations to come. Explore how!

We stand as a frontrunner in the production of long, low-alloy, high-performance steel offerings.