Innovative steel
for a better engineered future

Innovative steel solutions for a sustainable future

Ovako is a leading European manufacturer of engineering steel for customers in the bearing, transportation and manufacturing industries. With geographical presence in Europe, North America and Asia and a steel product line that includes niche products and customized solutions, Ovako is contributing to create value for its customers and their customers.

Recycled steel
Our production is based on recycled scrap and includes steel in the form of bar, tube, ring and pre-components. Ovako is represented in more than 30 countries, and has sales offices in Europe, North America and Asia. Ovako’s sales in 2017 amounted to EUR 921 million, and the company had 3,040 employees at year-end.

Since June 2018, Ovako is part of the Japanese steel corporation Nippon Steel & Sumitomo Metal Corporation that employs 92,000 globally and has a revenue of EUR 37 billion. 

Green Clean Steel

Ovako manufactures clean, strong and sustainable steel. Sustainable because the production process is based on scrap and a Nordic low-carbon electricity mix. As a result, the carbon footprint of Ovako’s steel products is a full 80 percent lower than the global average.

It is also clean and strong because Ovako minimizes impurities in the steel during the produc-tion process. This gives the steel high- quality properties that enable customers to create lighter, stronger, more durable end products.

We call it Green Clean Steel.