Ovako Group

Ovako is a global leader in engineering steel with a carbon footprint 80% lower than the industry average, having carbon-neutral steel operations since the start of 2022. As pioneers in sustainability, Ovako creates world-class, high-tech engineering steel solutions in cooperation with customers across the bearing, transport, and manufacturing industries. The company offers a comprehensive steel portfolio including BQ-Steel, IQ-Steel, and Hybrid Steel, alongside various steel grades like through-hardening bearing steel and case-hardening steel, available in multiple product forms such as hot-rolled bars, seamless tubes, and forged rings. As a subsidiary of Sanyo Special Steel and part of the Nippon Steel Corporation group, Ovako leverages global strength in specialty steel production. Ovako is deeply committed to sustainability, focusing on decarbonization, efficient processes, and the development of advanced lean alloy steels and coatings like NiKrom III for enhanced corrosion resistance, supporting industries like mining, automotive, and agriculture with high-performance, durable, and environmentally conscious materials.