The rolling mill in Fagersta goes back to one of the oldest steel companies in Sweden, Fagersta Bruk which had it’s origins in an iron hammer founded in 1611.
Fagersta Bruk became a limited company in 1873 and developed into one of the largest steel producers in central Sweden.
After merging with the Sandvik steel group in 1978 the iron production in blast furnaces was closed down. In 1982 the steel melt shop No. 1 ceased production too and one year later the former Fagersta group was dismantled and it’s remaining parts were sold to different companies.
After the the melt shop No.2 was closed down in 1985 only the wire mill kept on producing steel in Fagersta. It is specialized in stainless steel wire and owned by Outokumpu and Sandvik Materials.