Ovako, which develops high-tech steel solutions for, and in cooperation with, its customers in the bearing, transport and manufacturing industries works on the belief that sustainability is a fundamental element of their business that enables its steel products to have a carbon footprint that is 80% lower than the global average.
2019’s Sustainability Report highlights the continued progress in Ovako’s sustainability efforts, including an intermediate target to reduce the ‘cradle-to-gate’ carbon footprint of its finished hot rolled steel products by 30 per cent per metric ton.
As part of this sustainability, together with Linde Gas AB, Ovako has conducted a full-scale trial using hydrogen to heat steel before rolling. This historic development for the steel industry proves that carbon dioxide emissions from rolling can be eliminated.
- Whilst this world-first continues development, Ovako has already established a family of branded products, including the following:
- BQ-Steel® range with its improved fatigue strength, has a long and proven track record and used in many applications where high mechanical strength is critical.
- IQ- Steel® offering an additional performance level in fatigue strength for components loaded multi-axially, fatigue performance is equally good in all directions.
- M-Steel provides an optimum solution for improved machinability. They also display good multi-axial fatigue performance, not on the level of BQ/IQ but significantly better than corresponding standard steels.
- WR-Steel used in applications where high wear resistance is extra critical.
- SZ-Steels are applied when a combination of high strength and high impact toughness is needed, primarily at low temperatures.
- Hybrid Steel is a new development that combines properties of engineering steel with those of maraging, tool and even stainless steel.