News and Events

A secure and reliable supply of energy is critical to ensure continuity of steel production over the coming winter, when natural gas risks being in short supply.

To meet the climate challenges and the ultimate goal of reaching zero carbon emissions, Ovako is partnering up in the Polestar 0 project, committed to collaborate on the company´s moon-shot goal to produce a climate-neutral car by 2030.

Nicholas Källsäter is appointed as new Business Unit President for Smedjebacken and Boxholm, replacing current president Göran Jansson, who is stepping down due to private reasons.

Stockholm, 8 September 2022: A significant milestone has been reached in Ovako´s sustainable journey towards zero carbon emissions. The bearing producer SKF has produced a Spherical Roller Bearing (SRB) with 90% less carbon emission than its standard SRB bearing using Ovako´s high quality bearing steel.

We take pride in contributing to the circular economy and producing steel that is close to carbon neutral. More than 97% of our input material comes from scrap. Read our latest Sustainability Report 2021.

Ovako has today published the sustainability report for Financial Year 2021. The report shows that Ovako leads the development towards a sustainable society and is closing the loop with recycled steel from carbon neutral operations.

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.

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