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Advanced Steel and Alloys
Alleima, formerly known as Sandvik Materials Technology, is a global engineering company specializing in advanced stainless steel and special alloys. its product portfolio includes high-performance materials like tube, strip, wire, and bar products, catering to demanding environments with challenges related to corrosion, heat, and wear. The company is headquartered in Sandviken, Sweden, and its shares are listed on the Stockholm Stock Exchange.
A Part of Swedish Industry History
What today is known as Alleima was founded in 1862 as part of Sandvik AB, a Swedish engineering group. The company’s history is therefore deeply intertwined with both Sandvik’s history, as well as the history of Swedish Alleima has a rich history in the development of advanced materials. Originally focusing on steel production, the company evolved over the years, continuing to enable development in heavy industries. As Sandvik Materials Technology, it became known for its expertise in stainless steel and special alloys, something it continues to focus on under its new name. If you’re looking to learn more about Alleima and its role in Swedish industry, it can be found here.
The Spin-Off
In 2022, Alleima emerged as an independent entity following its spin-off from Sandvik AB, even if the commercial ties between the two remain strong. This strategic move was designed to allow Alleima to focus more intensively on its core strengths in advanced stainless steels and special alloys. The spin-off was part of a broader restructuring within Sandvik, aimed at streamlining operations and sharpening the focus of its various business areas.
What Alleima Does
Alleima primarily engages in the development and manufacturing of advanced stainless steels, special alloys, and other high-performance materials. Its product range includes tubes, bar products, strips, and wire, tailored for environments where standard materials often fail. These products are essential in industries facing challenges related to extreme temperatures, corrosion, and wear. Alleima's materials are crucial in energy production, including nuclear and fossil power, as well as in aerospace, where durability and resistance to harsh conditions are paramount. Additionally, the company provides solutions for industrial heating, contributing to various applications where material integrity under high stress is critical.