Nord Steel

What Nord Steel does

Nord Steel (UAB Nord Steel) is a Lithuanian custom industrial steel fabricator operating three production units in Mažeikiai and Kaunas. The company designs, manufactures, surface-treats, delivers, and erects bespoke steel products — pressure vessels (up to 45 bar), industrial ducts and chimneys (gas-tight per ASTM-A380), tanks and silos, baghouse filters and wet stacks (up to 66m), offshore equipment, and pig trap trolleys — for enterprise clients in power generation, pulp and paper, cement, environmental, oil and gas, offshore/marine, and food industries. Operations rest on MIG/TIG welding, plate rolling, bending, profile cutting, an in-house 1,400 m² coating workshop with isolated pickling/passivation, shot-blasting chambers handling parts up to 5m diameter and 20m length, and 8,700 m² of open-air storage. Quality is anchored by Bureau Veritas certifications under EN 1090-1, EN ISO 3834-2, and EN 13084-7.

The business runs on a project-based B2B sales motion: every contract is custom-quoted against specifications, material cost, complexity, surface treatment, and logistics. Nord Steel sells directly to enterprise clients, with no resellers or channel intermediaries, and reports deliveries to 24+ countries including Finland, Sweden, the UK, Germany, the USA, South Africa, India, Japan, and Chile. Customers are anchored by named reference projects across unrelated verticals — Schwenk Latvija cement, Finnish pulp mills, a Scotland waste-to-energy plant, Kotka power plant, Spain flue-gas treatment, Liepāja port, and an Italian food-grade duct — evidencing a diversified industrial client base rather than vertical concentration. The company is a member of MT Group, an EPC contractor in energy and infrastructure; in January 2025 it secured a €1.4 million contract to supply green hydrogen storage tanks (40/550/1000 bar) for the first Baltic green hydrogen refueling station at Klaipėda Port, signaling a deliberate entry into hydrogen infrastructure.

Revenue mechanics are one-time license / professional-services in nature: bespoke fabrication contracts, design services, installation and erection, surface treatment, and worldwide delivery. Pricing is not publicly disclosed and is negotiated per project. The company employs approximately 30 staff and is privately held with no disclosed institutional investors; growth is being funded organically, evidenced by the March 2024 Kaunas workshop addition (+72,000 working hours/year, 10-tonne crane capacity). End markets are industrial capex, where revenue is lumpy and tied to multi-month project cycles rather than recurring SaaS-like streams.

Name

Nord Steel

Legal name

UAB Nord Steel

Website

https://nord-steel.lt

Company type

Private

Operating status

Operating

Headcount range

11–50 employees

Short description

Nord Steel is a Lithuanian custom industrial steel fabricator operating three Lithuanian production units and serving power, pulp and paper, environmental, and hydrogen-infrastructure clients across 24+ countries with full-scope design, fabrication, surface treatment, and erection services.

Ownership category

akta.pro rank

Product category

Industrial Steel Fabrication

NAICS

Plate Work and Fabricated Structural Product Manufacturing (33231), Boiler, Tank, and Shipping Container Manufacturing (3324)

SIC

Fabricated Structural Metal Products (3440), Fabricated Plate Work (Boiler Shops) (3443)

akta.pro primary industry

Structural Steel Fabrication (IMADACAA)

akta.pro secondary industries

Sheet Metal & Ductwork Contracting (IMAFALAH), Specialty & Alloy Steel (Stainless, Tool Steel, Electrical Steel, High-Strength/HSLA) (IMAKABAJ), Submarine Hull, Pressure Vessel & Structural Module Fabrication (IMAJAOAE)

Keywords

• Steel fabrication services
• Industrial pressure vessels
• Custom steel structures
• Steel welding services
• Industrial ducts manufacturing

Headquarters

HQ city

Mazeikiai

HQ country

Lithuania

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Supply Chain, Operations, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Custom Steel Fabrication Contracts: Project-based one-time fabrication contracts for custom industrial steel products. Company designs, manufactures, and delivers bespoke steel structures, tanks, pressure vessels, ducts, and equipment. Pricing is quote-based reflecting complexity, materials, and specifications.
2. Engineering and Design Services: Design services for steel structures and industrial equipment as part of full-scope project delivery, from concept through engineering to commissioning
3. Installation and Erection Services: On-site erection and installation services for manufactured steel products, including commissioning support
4. Surface Treatment Services: Coating, painting, shot-blasting, pickling, and passivation services for steel products in dedicated 1400m² workshop
5. Transportation and Delivery: Worldwide delivery of manufactured steel products with custom packaging solutions, leveraging dedicated packaging team and logistics capabilities

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Nord Steel is a Lithuanian steel fabrication company that designs, manufactures, transports, and installs custom industrial steel products. Operating three fabrication units in Lithuania (Mažeikiai and Kaunas), the company produces pressure vessels, tanks, silos, industrial ducts, filters, chimneys, offshore equipment, and bespoke material handling solutions for power generation, pulp and paper, civil construction, offshore/marine, oil and gas, and environmental sectors. It delivers finished products with custom packaging to clients in 24+ countries worldwide.

Product overview

Nord Steel is a steel fabrication and manufacturing company offering comprehensive services from design to erection and commissioning. The company operates three steel fabrication units in Lithuania and provides full-scope industrial steel products including pressure vessels, tanks, silos, industrial ducts, filters, offshore equipment, and custom material handling equipment. The portfolio includes specialized products like green hydrogen storage tanks, baghouse filters, wet stacks, and industrial chimneys. Services encompass design, fabrication, welding, surface treatment, non-destructive testing, delivery, and erection for industries including power generation, pulp and paper, civil construction, marine, oil and gas, and environmental sectors.

Differentiator

Problem solved

Functional benefit

Products and services

• Pressure Vessels

Quantifiable outcome

• Deliveries to 24+ countries worldwide
• +4 more outcomes

Named customers11 records

Segments6 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Three partnerships are on record, tiered core and minor.

• MT GroupcoreStrategic or Co-development Partner · 13 January 2025Nord Steel is a member of MT Group of companies. MT Group is an EPC contractor specializing in energy and infrastructure sectors. Nord Steel manufactures and supplies complex steel equipment for MT Group projects including hydrogen storage tanks, condensate tanks, and industrial vessels for energy projects across Europe.
• MT GroupcoreGTM or Marketing PartnerMT Group acts as EPC contractor selecting Nord Steel as manufacturer and supplier for hydrogen infrastructure projects. Collaboration on Klaipėda port green hydrogen station where Nord Steel supplies storage tanks for €1.4 million contract.
• Klaipėda State Seaport AuthorityminorOthersNord Steel supplies green hydrogen storage tanks for Klaipėda port infrastructure project under MT Group contract. The port authority oversees the hydrogen production and refueling station development.

Scale indicators10 records

Recent moves6 records

Expansion highlights5 records

Others

• Voortman Steel Machinery B.V. Dutch manufacturer of CNC steel processing and fabrication machinery (drilling, cutting, plate processing) sold to industrial steel fabricators. Comparable as an enabling/equipment supplier to the same custom steel fabrication market Nord Steel serves.

Broad incumbents

• Outokumpu Oyj: Finnish-headquartered global stainless steel producer offering coil, sheet, plate and long products. Broad incumbent whose downstream stainless-steel products feed custom fabricators like Nord Steel and overlap on stainless-steel specialization and European industrial customer base.
• Permasteelisa S.p.A. Italian-headquartered global leader in engineered architectural steel and facade systems with broader portfolio and scale. Overlaps with Nord Steel in custom steel structure engineering, international project delivery and end-to-end design-to-installation service model.

Direct peers

• Stalatube Oy: Finnish manufacturer of stainless steel tubes, sections and custom profiles for industrial applications. Comparable to Nord Steel on stainless-steel specialization, custom-order business model, and industrial customer base.
• Normek Group Oy: Finnish steel construction and fabrication group delivering custom steel structures for industrial, commercial and infrastructure projects across the Nordics. Directly comparable to Nord Steel in scope (design-to-installation steel fabrication), target customer type (industrial EPCs), and end-market exposure.
• Zeman Bauelemente GmbH: Austrian steel construction company producing custom welded steel structures, beams and industrial steelwork for construction and infrastructure projects. Closely comparable to Nord Steel on scope of custom fabrication, EU-standard certification, and industrial project focus.

Regional players

• ENERGO UAB: Lithuanian energy infrastructure equipment and engineering company operating within the broader MT Group ecosystem. Comparable as a fellow Lithuanian industrial equipment supplier serving power, energy and process-industry clients with custom-engineered steel and mechanical systems.

Emerging players

• HGG Profiling Equipment B.V. Netherlands-based specialist in 3D profiling and cutting equipment for structural steel, serving fabricators with advanced cutting technology. Adjacent to Nord Steel through its steel fabrication customer ecosystem and shared focus on precision plate/profile cutting.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/nord-steel

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Nord Steel