Sandvik AB (SAND.ST) Stock Price

Sandvik is a high-tech engineering group headquartered in Stockholm that offers solutions to improve productivity, profitability and sustainability in the manufacturing, mining and infrastructure industries. The company's roots go back to 1862: Högbo Stål & Jernwerks AB was established that year in Sandviken by Göran Fredrik Göransson and his associates. Drill steel for rock drilling was already part of the product range in the 1860s.

The Sandvik name was approved to mark steel bar when the company was reconstituted as Sandvikens Jernverks AB in 1868. Its shares were listed on the Stockholm Stock Exchange in 1901 and trade today on Nasdaq Stockholm. According to the company history, stainless steel production began in 1921 and cemented carbide production in 1942, and the company took the name Sandvik AB in 1972. In August 2022 the Sandvik Materials Technology business area became a separately listed company, Alleima. Sandvik today names its fields as mining, rock processing, machining and intelligent manufacturing.

Those following Sandvik stock usually watch demand for mining and rock processing equipment, developments on the machining side, changes in the company's portfolio and its distributions to shareholders. On the Lzzo.com Sandvik page, the price of the Stockholm-listed shares appears with its observation time, together with a price history chart and technical indicators.