Ovako Hofors is a scrap-based steel plant: an electric arc furnace melts recycled steel scrap into new crude steel. The liquid steel is solidified into semi-finished shapes by continuous casting. The plant has a crude steel capacity of 500 thousand tonnes per year. Its main products are billet, tube.
Process Route
Timeline
Operating since 1916
Emissions
2025
0.049 Mt CO₂e
0.12 t CO₂e per tonne of steel
Typical EAF route: 0.5–0.7 t/t
Modelled estimate (Climate TRACE), not reported data. Methodology
Capacity (ttpa)
Crude Steel
500
EAF
500
Steel Units
Inputs & Energy
Power Hitachi Energy
Steel Products
billet, tube
Ownership
Owner Ovako AB
Parent Asahi Mutual Life Insurance Co; Meiji Yasuda Life Insurance Co; Mitsubishi UFJ Financial Group Inc; Mizuho Financial Group Inc; Nippon Life Insurance Co; Nippon Steel Corp; Norinchukin Bank; Resona Bank Ltd; small shareholder(s); Sumitomo Mitsui Trust Holdings Inc; The Dai-ichi Life Insurance Co Ltd
Workforce 1,400 employees
Country Context
Sweden crude steel production (USGS). Plant line shows nominal capacity, not output.
Learn the processes this plant uses
Nearby Plants
Other Asahi Mutual Life Insurance Co; Meiji Yasuda Life Insurance Co; Mitsubishi UFJ Financial Group Inc; Mizuho Financial Group Inc; Nippon Life Insurance Co; Nippon Steel Corp; Norinchukin Bank; Resona Bank Ltd; small shareholder(s); Sumitomo Mitsui Trust Holdings Inc; The Dai-ichi Life Insurance Co Ltd plants
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Location
Hofors
Europe
Sweden
60.5487°, 16.3028°
At a Glance
- Route
- EAF
- Crude steel capacity
- 500 ttpa
- Commissioned
- 1916
- Products
- Semi-finished, finished rolled
- Certifications
- 2 recorded