Ovako and FNsteel has signed a new supply agreement to continue the successful cooperation from 2017. Under the new contract, Ovako will supply 15,000 metric tons to FNsteel during 2018 as well. Moreover, the contract stipulates conditions for shipments above the current level.
Ovako and FNsteel will support customers in the bearing industry by providing a joint supply chain to improve efficiency and reliability of supply. The ambition is to significantly increase the joint bearing wire rod business.
FNsteel and Ovako will also be working together on technical solutions to develop new products.
