With the right steel the only limit is your imagination
News and Press Releases
Press release/Jun 01, 2020
Ovako publishes its Sustainability Report for 2019
Sustainability is a fundamental element of Ovako’s business that enables its steel products to have a carbon footprint 80 percent lower than the global average. This year’s Sustainability Report highlights the continued progress in Ovako’s sustainability efforts, including the achievement of an intermediate target to reduce the ‘cradle-to-gate’ carbon footprint of its finished hot rolled steel products by 30 percent per metric ton.
News/May 14, 2020
New President of Business Unit Hofors and new Acting President of Business Unit SmeBox
Rickard Qvarfort has been appointed as the new President of Business Unit Hofors. He starts his new role July 1, 2020 and succeeds Erik Bohman, who has decided to leave Ovako for new opportunities. In conjunction, Björn Wiborg has been appointed Acting President of Business Unit SmeBox.
Press release/Apr 28, 2020
Ovako first in the world to heat steel using hydrogen
Together with Linde Gas AB, Ovako has conducted a full-scale trial using hydrogen to heat steel before rolling. The trial was performed with good results in one of the company’s pit furnaces at the Hofors rolling mill in Sweden. This historic development for the steel industry proves that carbon dioxide emissions from rolling can be eliminated provided the right financial support and infrastructure are in place.