Sandvik Materials Technology

Three persons in factory.

Business area Sandvik Materials Technology is a world-leading manufacturer of advanced stainless steels and special alloys for the most demanding industries.

Key figures 2020

Revenues: 13,598 million SEK
Operating profit: 492 million SEK
Adjusted operating profit: 1,032 million SEK
Employees: 5,084

Business area President

Göran Björkman

The offering covers a large variety of product forms, such as tube, pipe, bar and strip steel as well as products for industrial heating.

With a unique expertise in materials technology and extensive insight into industrial processes and applications, products and services are continuously developed to increase customer productivity and safety, while often reducing the environmental impact.

Revenues by customer segment

  • Energy 44
  • Engineering 20
  • Consumer&Electronics 12
  • Chemicals 6
  • Automotive 5
  • Mining 4
  • Aerospace 3
  • Construction 3
  • Other 3

Revenues by market area

  • Europe 48
  • North America 30
  • Asia 17
  • South America 3
  • Africa/Middle East 2

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