Flat Steel Giant Emerging

SteelTeam the Finland based steel service providers have recently signed a long term service agreement with lifting equipment company Konecranes.

Formed in 1987 SteelTeam was originally established to provide hedge portfolio services and was instrumental in providing steel broker services between Finland and the Soviet Union. Since that time the company has progressed significantly through Europe and the Baltic States with a variety of steel activities and services.

In 2007 SteelTeam invested heavily in the construction of the largest flat steel service centre in the Nordic area and as of Autumn 2008 the centre has been in full operation.

The Uusikaupunski Service Centre is a fundamental part of the new service agreement with Konecranes who will be utilising sourcing and pre manufactured steels services from SteelTeam.

The value of the agreement is undisclosed but the establishment of the deal with further cement SteelTeam’s goal to be the largest flat steel provider in northern Europe.