Ovako Launches New Line of Steels
09/18/2017 - Swedish special bar quality maker Ovako has introduced a new family of steels that it says combines the characteristics of tool steel, maraging steel and stainless steel with the production economy of special bar quality steel.
Called Hybrid Steel, the product is being introduced this week at the European materials conference EUROMAT 2017.
"We are convinced that our hybrid steel is a groundbreaking innovation for the steel industry," said Ovako president and chief executive Marcus Hedblom in a statement.
"By using a new alloying philosophy we have created a steel that has three times the yield and tensile strength of conventional steel at temperatures up to 500°C. These properties are ideal for a wide variety of highly stressed applications such as engine components, bearings and tools for various purposes," he said.
