MS-Steel
MS-Steel Oy is a Finnish industrial steel fabrication company founded in 1988 in Hanko, providing shipyard block manufacturing, hull construction, outfitting, and crane fabrication to shipyards, crane OEMs, and renewable energy firms in Finland and Scandinavia.
- Company typePrivate
- Founded1988
- HeadquartersHanko, Finland
- Headcount11–50
- GTM typeB2B
- OfferingHardware or Manufacturing
What MS-Steel does
MS-Steel Oy is a Finnish private limited company founded in 1988 and headquartered at Koneentie 38, 10960 Hanko Pohjoinen, Finland. The company provides industrial steel fabrication services with a core focus on shipyard block manufacturing, hull construction, outfitting, and crane fabrication. Its work spans cruise ship and ice breaker block assemblies for Finnish shipyards, ferry construction, crane fabrication and transportation, mechanical wood processing equipment components, offshore wind turbine transition pieces, and wave energy generator structures. Customers include Meyer Turku, Arctech Helsinki, Uudenkaupungin Työvene, Konecranes, Levator, Andritz, AW-Energy, and Bladt Industries, drawn from shipbuilding, heavy equipment, industrial machinery, and renewable energy verticals.
The underlying capability is conventional industrial steel fabrication backed by certified welding and quality systems: EN 1090-1 execution standard for structural steel components, ISO 3834-2 for fusion welding of metallic materials, ISO 9001 quality management, ISO 14001 environmental management, and ISO 45001 occupational health and safety, all certified by Bureau Veritas. The operating model combines a 50-person direct workforce with a 100-200 person indirect partner labor pool that scales capacity for project peaks. Sales are conducted directly by CEO Petri Metsola and SVP Jani Väinölä, with logistics managed by Sami Metsola. Marketing presence is limited to a corporate website, LinkedIn, and Facebook; there is no app, no API, and no digital product surface.
Revenue is generated through project-based contracts with custom quoting per engagement for each shipyard or industrial client. Pricing is not publicly disclosed and no recurring SaaS, licensing, or marketplace model exists. The company is privately held with no external investors or parent entity disclosed, and no funding rounds are reported in the available data. Geographic operations are concentrated in Finland with customer engagement extending across Scandinavia, and the company maintains a Code of Conduct, Whistleblowing Policy, Environmental Policy, Quality Policy, and Safety Policy as part of its governance framework.
MS-Steel firmographics
Firmographics- Name
- MS-Steel
- Legal name
- MS-Steel Oy
- Website
- https://ms-steel.fi
- Company type
- Private
- Founded year
- 1988
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- MS-Steel Oy is a Finnish industrial steel fabrication company founded in 1988 in Hanko, providing shipyard block manufacturing, hull construction, outfitting, and crane fabrication to shipyards, crane OEMs, and renewable energy firms in Finland and Scandinavia.
- Ownership category
- akta.pro rank
MS-Steel industry classification
Industry- Product category
- Industrial Steel Fabrication Services
- NAICS
- Ship Building and Repairing (336611), Plate Work Manufacturing (332313)
- SIC
- Ship & Boat Building & Repairing (3730), Sheet Metal Work (3444)
- akta.pro primary industry
- Prefab Hull Blocks & Modular Ship Sections (IMAJAKAE)
- akta.pro secondary industries
- Steel Fabrication & Marine Engineering (Custom Fabrication, Modifications, Conversions) (TLAHAMAH), Heavy Lifting & Material Handling Infrastructure (Goliath Cranes, Jib Cranes, Hoists) (IMAJALAD), Bridge & Infrastructure Steel Components (IMADACAL)
Keywords
Where MS-Steel is headquartered
LocationHeadquarters
- HQ city
- Hanko
- HQ country
- Finland
- HQ region
- Europe
Offices1 record
Markets served
MS-Steel business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Personnel, Supply Chain, Operations, Infrastructure, Technology or R&D
Revenue model
- Industrial Steel Fabrication Services: Project-based industrial steel work services including shipyard block manufacturing, hull construction, outfitting, crane fabrication, and related manufacturing. Revenue is generated through direct project contracts with shipyards and industrial clients.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels3 records
MS-Steel product offering
Product offeringCore offering
MS-Steel provides industrial steel work services including shipyard block manufacturing, hull construction, outfitting, and crane fabrication for shipbuilding, heavy industry, and renewable energy clients. The company executes project-based contracts to build large-scale steel structures for cruise ships, ice breakers, ferries, cranes, wind turbine towers, and off-shore wind transition pieces. Services are delivered from its Hanko, Finland facility using ISO- and EN-certified welding and quality processes.
Product overview
MS-Steel offers industrial steel work services as a single unified service offering. The core service encompasses shipyard operation block manufacturing, hull construction, outfitting, and crane fabrication. The company works with major shipyards for cruise ships, ice breakers, and ferries; provides crane fabrication and transportation services; manufactures components for wind turbine towers; and produces off-shore wind turbine transition pieces. The company was established in 1988 and employs 50 persons directly with 100-200 indirect workers through partners.
Differentiator
Problem solved
Functional benefit
Products and services
- Industrial Steel Work Services Industrial steel work services encompassing shipyard block manufacturing, hull construction, outfitting, and crane fabrication for maritime, energy, and industrial customers. Each engagement is project-based with custom quoting.
Companies that use MS-Steel
Customer profileNamed customers8 records
Segments3 records
Ideal customer profiles3 records
MS-Steel technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
MS-Steel partnerships and signals
Strategic signalScale indicators3 records
Recent moves5 records
Expansion highlights3 records
MS-Steel competitors and assessment
Company assessmentDirect peers
- Peikko Group: Finnish manufacturer of steel connection products and structural steel components for construction and industrial projects. Comparable to MS-Steel because both operate out of Finland as steel-structure manufacturers with EN 1090-grade fabrication capabilities.
- Normek Oy: Finnish steel and metalwork contractor serving construction, marine, and industrial customers. Comparable to MS-Steel because both are Nordic-based, ISO-certified steel fabricators competing for similar industrial block and structural steel contracts.
- Bladt Industries: Danish heavy steel fabricator specializing in offshore wind foundations and other large steel structures. Comparable to MS-Steel because both supply fabricated steel structures — including transition pieces — into the offshore wind supply chain under EN 1090-class execution standards.
- Stalatube: Finnish stainless steel tube and component manufacturer serving industrial and marine customers. Comparable to MS-Steel as a Finland-based industrial steel product manufacturer with similar quality certifications and customer overlap in Nordic heavy industry.
- Smulders: Belgian-Dutch heavy steel fabricator serving offshore wind, oil & gas, and marine construction. Comparable to MS-Steel because both deliver large welded steel assemblies (jackets, transition pieces, modules) requiring ISO 3834-2-level welding quality for European offshore and shipbuilding customers.
Broad incumbents
- SSAB: Nordic-headquartered global steel producer with strong Finnish operations and a heavy specialty steels business. Comparable to MS-Steel as part of the broader Nordic steel value chain and as a potential upstream supplier of plate steel for MS-Steel's fabrication work.
- Konecranes: Finland-headquartered global leader in cranes and lifting equipment. Comparable to MS-Steel because MS-Steel fabricates crane components and structures for Konecranes; both operate in the crane manufacturing value chain, though Konecranes is the OEM customer and operates at vastly larger scale.
- Cargotec: Finland-headquartered provider of cargo and load handling solutions through brands Kalmar, Hiab, and MacGregor. Comparable to MS-Steel because both are Finnish industrial companies in marine/heavy equipment manufacturing, with overlapping customer bases in shipyards and ports.
Others
- Meyer Turku Shipyard: One of Europe's largest cruise shipbuilders, located in Turku, Finland. Comparable as an ecosystem participant: MS-Steel is a subcontracted steel block supplier to Meyer Turku, so the two are vertically adjacent in the Finnish shipbuilding value chain rather than direct competitors.
- Arctech Helsinki Shipyard: Helsinki-based shipbuilder specializing in icebreakers and Arctic offshore vessels. Comparable as an ecosystem participant: Arctech is one of MS-Steel's named shipyard customers, so the two operate at adjacent tiers of the Finnish shipbuilding supply chain.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat3 records
Key risks6 records
Key highlights6 records
Customer concentration
MS-Steel social profiles
Digital presenceMS-Steel compliance and trust
Trust signalCompliance5 records
MS-Steel financial estimates
Financial estimateRevenue estimate
Valuation estimate
MS-Steel leadership team
Management profileNumber of profiles
Profiles1 record
MS-Steel funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
MS-Steel M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about MS-Steel
What does MS-Steel do?
MS-Steel provides industrial steel work services including shipyard block manufacturing, hull construction, outfitting, and crane fabrication for shipbuilding, heavy industry, and renewable energy clients. The company executes project-based contracts to build large-scale steel structures for cruise ships, ice breakers, ferries, cranes, wind turbine towers, and off-shore wind transition pieces. Services are delivered from its Hanko, Finland facility using ISO- and EN-certified welding and quality processes.
Is MS-Steel a public or private company?
MS-Steel is a private company. It is classified as family owned and is currently operating.
When was MS-Steel founded?
MS-Steel was founded in 1988. It employs 11 to 50 people.
Where is MS-Steel based?
MS-Steel is headquartered in Hanko, Finland, in the Europe region.
How does MS-Steel make money?
One revenue line is on record: industrial Steel Fabrication Services.
Who are MS-Steel's main competitors?
Direct peers on record are Peikko Group, Normek Oy, Bladt Industries, Stalatube and Smulders. Broad incumbents are SSAB, Konecranes and Cargotec. Others are Meyer Turku Shipyard and Arctech Helsinki Shipyard.
Does MS-Steel have an API?
No public API is recorded for MS-Steel.
What industry is MS-Steel in?
MS-Steel's product category is Industrial Steel Fabrication Services. Its primary akta.pro industry code is IMAJAKAE, Prefab Hull Blocks & Modular Ship Sections, with a secondary code of TLAHAMAH, Steel Fabrication & Marine Engineering (Custom Fabrication, Modifications, Conversions). Its NAICS code is 336611 and its SIC code is 3730.