Ovako AB
Ovako AB
🇸🇪 Sweden, Stockholm County
2001-5000 peopleManufacturer/Trading Company/DistributorOvako AB is a global leader in the production of specialty engineering steel, headquartered in Stockholm, Sweden. With a history dating back to 1990 and a workforce of over 2,000 employees, the company operates as a manufacturer, distributor, and contract manufacturer. Ovako maintains a robust production footprint across Europe, including sites in Sweden, Finland, France, and Italy, supported by a global sales network spanning North America, Asia Pacific, and the Americas. The company specializes in long, low-alloy, high-performance engineering steels, utilizing recycled steel scrap as its primary raw material.
Their comprehensive product portfolio includes hot-rolled and further processed bars (drawn, ground, and peeled), seamless steel tubes, hollow bars, wire, and forged or rolled rings. Ovako is recognized for its proprietary steel brands such as BQ-Steel®, IQ-Steel®, Hybrid Steel®, and Cromax®. These materials serve critical applications in diverse industries, including automotive, bearings, hydraulics, agriculture, wind power, and mining. The company also provides specialized solutions like SZ-Steel® for sub-zero environments and M-Steel® for optimized machinability.
As a pioneer in sustainable steelmaking, Ovako has achieved carbon neutrality for Scope 1 and 2 emissions since January 2022. The company invests heavily in R&D and advanced manufacturing technologies, such as hydrogen electrolyzers for decarbonization and Vacuum Tank Degassing (VTD) for high-purity steel production. Beyond raw materials, Ovako offers value-added services including heat treatment, sawing, and the production of near-net-shape pre-components to help customers reduce waste and manufacturing costs.
OEM manufacturerOffers OEM services for customized brand manufacturing.
High capacity factoryCan handle large-scale or bulk production orders.
Product customizationOffers full customization for design and features.
Patented technologyHolds multiple product or process patents.
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Products
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Rolled and Forged Rings
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Ovako 280 Hollow bar
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Seamless Tube and Hollow Bar
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Steel Navigator
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Hard Chrome Plated Bar and Tube
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Pre-Components from Tube
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Ground Bar
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Spring Steel
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Cromax®
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SZ-Steel®
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The Economics of Hydraulic Cylinders
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Cromax Steel Grades
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Customers
SCOT INDUSTRIES
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