Tube products and solutions are used by customers primarily in the customer segments Industrial, Chemical and Petrochemical, Oil and Gas, Mining and Construction, Power Generation and Transportation.
Europe was the largest geographical market, representing approximately 57 percent of Tube’s revenues 2021, followed by North America (23 percent),
Asia (15 percent), and other markets (five percent).
Revenues: 12,804 MSEK
Adj. EBIT 9.6 %
No. of employees: 3,931.
Division President Michael Andersson
(figures refer to 2022)
Tube’s main competitors are Nippon Steel Corp., Tubacex, Salzgitter Mannesmann International and Jiuli.
Within the niche of special alloys is Haynes International also a competitor and Carpenter Technology is another important peer.
Revenue recognized at location of buying customer and not end-user.