19
Feb
10:23
Ovako invests in large ring production at Hofors
Swedish engineering steels specialist Ovako says that customer demand for heavier and larger rings has been the incentive for its SEK 300 million ($33.7m) investment in its Hofors plant.
This demand has been driven especially by the need for larger bearings for more and bigger wind turbines the steelmaker tells Kallanish. To meet this demand, Ovako in Hofors, Sweden is now investing to produce larger ingots in clean steel with high fatigue strength, doubling the…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous