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Böhler-Uddeholm
Published: June 2nd, 2025
The story of Böhler-Uddeholm begins long before the two companies ever joined forces. In fact, their separate origins span centuries and reflect the metallurgical traditions of two European regions renowned for their steelmaking heritage: Austria and Sweden.
History Of: Böhler
In Austria, Böhler’s roots can be traced to the town of Kapfenberg, where iron production was documented as early as 1446. The modern history of the company, however, begins in 1870, when Emil and Albert Böhler established a steel trading firm in Vienna. Initially, they imported tool steels from Germany for distribution throughout the Austro-Hungarian Empire. Their business thrived, but the Böhler brothers soon realized that quality control and innovation required direct involvement in manufacturing. This insight led to their acquisition of the Kapfenberg steel plant in 1894, a pivotal moment that transformed Böhler from a trading operation into a steel producer.
With full control over production, Böhler began innovating rapidly. Around 1900, they introduced Böhler Rapid, one of the first high-speed steels to enter industrial use. This steel dramatically increased efficiency and durability in machine tooling and quickly became a global benchmark. By the mid-20th century, Böhler had invested heavily in metallurgical R&D, becoming one of the earliest adopters of Electro-Slag Remelting (ESR) technology in 1967. ESR allows for exceptionally pure, high-performance steels by eliminating non-metallic inclusions, and it's still used today in steels destined for surgical tools, aerospace, and high-end knives.
- Böhler was founded in 1870 by Emil and Albert Bohler (pictured above)
- Böhler began producing its own steel in 1894 after acquiring the Kapfenerg steel plant
- In 1967, Böhler adopted Electro-Slag Remelting (ESR) technology
History Of: Uddeholm
Parallel to this Austrian innovation, Sweden’s Uddeholm was building its own legacy. Founded in 1668 in Värmland County, Uddeholm originally produced wrought iron using charcoal-based smelting. Over time, the company transitioned from basic ironworking to refined steel production. In 1870, it built a modern steel mill in Hagfors, integrating cutting-edge technology such as Bessemer converters and later electric arc furnaces. The region’s vast forests provided fuel, while the area’s rivers powered machinery, making Uddeholm an early example of environmentally integrated industry.
Uddeholm's commitment to modernization was evident in the early electrification of its private railway in 1920 and the company’s focus on value-added steel goods. In 1945, Uddeholm helped form ASSAB (Associated Swedish Steel AB), a distribution alliance aimed at expanding the global footprint of Swedish tool steel. This move cemented Uddeholm’s presence in Asian, African, and Latin American markets. By the 1980s, Uddeholm had become especially well-regarded for its cold work, hot work, and high-speed steels, which combine hardness with the toughness needed in toolmaking, die casting, and cutting applications.
- Uddeholm was founded in 1668 in Värmland County, Sweden
- In 1870, Uddeholm built a modern steel mill in Hagfors
- In 1945, Uddeholm helped form the Associated Swedish Steel AB (ASSAB)
Merging Of Böhler and Uddeholm
In 1991, these two industrial titans merged to form Böhler-Uddeholm AG, combining centuries of technical experience and regional expertise into a single powerhouse for specialty steels. Böhler’s mastery of stainless and ESR-refined steels aligned perfectly with Uddeholm’s deep knowledge of tool steels and global distribution. The new entity was greater than the sum of its parts, allowing for the development of new alloys, the optimization of logistics, and a unified presence in international markets.
Following the merger, Böhler-Uddeholm grew quickly. Its products became synonymous with durability, performance, and precision across various industries, including aerospace, automotive, die casting, surgical instruments, and cutlery. The company went public in 1995 on the Vienna Stock Exchange and became fully privatized in 2003. Then in 2007, it was acquired by voestalpine AG, one of Europe’s largest steel groups. As part of the voestalpine High Performance Metals Division, Böhler-Uddeholm was further integrated into a network of global innovation and supply. By 2011, the holding company was officially renamed voestalpine High Performance Metals GmbH, though the Böhler and Uddeholm names remain in use today due to their strong brand identities.
While Böhler-Uddeholm supplies steel for everything from airplane components to injection molds, it has also earned a special place in the world of knife making. Knife users, whether collectors or professionals, prize edge retention, corrosion resistance, and durability, traits that are hallmarks of Böhler-Uddeholm steels.
- Böhler and Uddeholm merged in 1991 to form Böhler-Uddeholm AG
- In 1995, Böhler-Uddeholm went public on the Vienna Stock Exchange
- Böhler Uddeholm was acquired by voestalpine AG in 2007
Böhler-Uddeholm Steels
M390 Microclean
The most famous of these steels is M390 Microclean, a powder metallurgy (PM) stainless steel. Powder metallurgy is a manufacturing technique that atomizes molten steel into fine particles and then compacts and sinters them, resulting in a very clean, homogenous microstructure. M390 features high levels of chromium, vanadium, and molybdenum, making it both extremely wear-resistant and stainless. It is widely considered one of the best steels for folding knives, especially those designed for everyday carry. Brands like Benchmade, Microtech, LionSteel, and many others offer M390 in their premium product lines.
K390
N690
Böhler-Uddeholm also continues to develop next-generation materials like M398, which pushes wear resistance even further than M390 by increasing carbon and vanadium content. While slightly more difficult to sharpen, M398 is ideal for users who want a blade that stays sharp through prolonged use.
Although not made by Böhler-Uddeholm directly anymore, Elmax, originally developed by Uddeholm, continues to be manufactured under license by Uddeholm Powder and other facilities. Elmax is another premium stainless PM steel with a fine balance of edge retention, corrosion resistance, and ease of sharpening. It remains a staple in both custom and production knives.
Today, Böhler-Uddeholm operates globally, with production facilities and service centers across Europe, North America, Asia, and beyond. Its commitment to metallurgical research remains strong, focusing on improving performance and enhancing sustainability. The company is exploring more environmentally conscious production methods, refining its ESR and PM processes, and investing in low-emission technologies.
In the world of knives, Böhler-Uddeholm continues to set the gold standard for performance steel. Whether you’re holding a surgical scalpel, a high-end pocketknife, or an industrial punch tool, there's a good chance the steel inside came from a Böhler or Uddeholm mill. Their influence spans generations, industries, and continents, proof that steel is more than just a material. It’s the result of centuries of human ingenuity, and at Böhler-Uddeholm, that legacy is still being forged.
What to Buy
The Microtech Ultratech X-Wing Hellhound is a premium out-the-front automatic knife featuring a 3.35" Bohler M390 Hellhound Tanto blade with a unique Apocalyptic finish. Its 6061-T6 aircraft-grade aluminum handles showcase exclusive X-Wing detailing, paired with a thumb slide open and lock, an ambidextrous stainless steel pocket clip, and a glass breaker. Measuring 5.01" closed and weighing 3.5oz, this American-made knife blends cutting-edge performance with distinctive design. As Microtech's flagship OTF model, the Ultratech delivers legendary reliability and craftsmanship. This exclusive edition is available only at Smoky Mountain Knife Works.
The Spyderco Lil’ Temperance 3 is a compact, high-performance EDC folder featuring a 2.92" Bohler K390 Microclean steel leaf-shaped blade with a satin finish. It opens easily with Spyderco’s signature round thumb hole and locks securely with a compression lock. The lightweight blue FRN handle offers a secure, ergonomic grip. Designed for versatility, it includes a four-position pocket clip and a lanyard hole for multiple carry options. At 4.37" closed and weighing 3.8 oz, this reliable and durable knife is built for everyday use with premium materials and classic Spyderco functionality.
The Finch Stray Dog Fat Carbon Snow Fire is a bold EDC folding knife combining high-performance materials with standout design. It features a 3.25" N690 stainless steel sheepsfoot blade with a two-tone satin and stonewashed finish for precise, controlled cuts. The blade opens via a flipper and locks securely with a bolster lock. Its handle, crafted from unique Fat Carbon Snow Fire, offers lightweight strength and visual appeal with no two patterns alike. At 7.5" overall and 6 oz, it’s built for reliability and comfort. A tip-up pocket clip ensures easy carry, making it a stylish and capable everyday companion.
Written By
Drew Clifton
Drew is the lead writer for SMKW's Knives 101, crafting informative and engaging content for the world’s largest knife store. With expertise in knife history, design, and functionality, Drew delivers articles and product descriptions that educate and inspire knife enthusiasts at all levels.
Expert Reviewed
T.C. Barnette
T.C. Barnette is a dynamic media personality and the esteemed spokesperson for SMKW (Smoky Mountain Knife Works), where his passion for knives intersects with his captivating on-screen presence. With a magnetic charisma and deep expertise in cutlery, T.C. has become a beloved figure in the knife community.









