Ovako signs groundbreaking partnership deal with FNsteel to boost the low carbon production of premium processed wire rod in Europe
Ovako and FNsteel has signed a major partnership, starting in 2025, to enhance Europe's wire rod production with a focus on reducing carbon intensity, leveraging Ovako's advanced manufacturing at the Smedjebacken mill.Ovako, the Swedish pioneer in sustainable steel production, has signed a major partnership with Netherlands company FNsteel to revolutionise the environmental footprint of premium processed wire rod supplied to Europe’s automotive, construction and engineering sectors. This strategic partnership will see Ovako’s Smedjebacken mill managing the production flow of the low carbon