World leaders in steel

Sweden’s steel companies are highly specialised and often hold a leading position within their respective product areas.

Sandvik is a leading producer of seamless tubes for applications requiring high safety standards and performance e.g. within the chemical industry. Photo: Sandvik. 

The Swedish steel industry – like the steel industry in the rest of the world – has undergone a process of major restructuring since the mid-20th century. This has led to a specialisation on fewer products.

The steel companies today are acknowledged specialists within specific areas where they manufacture highly processed steel grades and products which are mainly sold in export markets. This has led to the companies, to a very large degree, no longer competing with one another nationally.

Leading steel producers

Stainless steel: 
Sandvik – largest in seamless tubes
Outokumpu Stainless – leader in stainless plate and high-alloy special steels 
Fagersta Stainless – one of the leading specialists in wire rod in Europe
Carpenter Powder Products – largest in powder steel

Tool steel
Uddeholm – largest

High-speed steel:
Erasteel Kloster – largest

Bearing steel:
Ovako – largest

Commercial steel:
SSAB – a leader in extra high-strength steel and largest in hardened steel

Iron alloys for electrical resistance heating:
Sandvik Heating Technology (Kanthal) – largest 

Iron powder
Höganäs – largest 

Moreover, companies closely related to the steel industry occupy a leading position in their fields:

Valve spring quality wire:
Suzuki Garphyttan –  largest 

Chains (thick):
Ramnäs –  largest 

 

Number of Swedish steel companies with production of certain products

Number of Swedish steel companies with production of certain products