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SSAB Swedish Steel Ltd

Suite 6, Cranmore Place Cranmore Business Park, Solihull West Midlands, B90 4RZ

Direct phone: +44 (0) 121 704 7300

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SSAB Swedish Steel, S.L.

Paseo de la Castellana 149, planta 7 izquierda Es-28046 Madrid

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SSAB Swedish Steel SAS

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SSAB Swedish Steel, LDA

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SSAB Swedish Steel Ltd. – SSAB Χάλυβας Σουηδίας Μ.Ε.Π.Ε.

Smyrnis str. P.O.box 30511 56210 Evosmos Thessaloniki

Direct phone: +30 2310 347273

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SSAB Swedish Steel S.p.A.

Via G. Di Vittorio, 6 - 25016 Ghedi (BS)

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October 2, 2012

2012 Swedish Steel Prize Finalists

The winner of the 2012 Swedish Steel Prize will be announced on November 15. Three finalists have been nominated for the prize for leading designs in high strength steel. The jury has chosen innovations for the packaging and transportation of metallic scrap, light and sustainable train seats, and a timber transportation vehicle called forwarder.

The Swedish Steel Prize is awarded for innovative designs made of high strength steels. The prize is intended to inspire, stimulate and disseminate knowledge about high strength steels and the possibilities they offer to develop lighter, safer and more environmentally-friendly products.

“The quality has been consistently high and it has been a difficult task for the jury to select the three nominees. The large number of applications from 26 countries demonstrates the high level of interest in high strength steels,” says jury chairman KG Ramström, Chief Technical Officer, SSAB.

Scrap handling system “Mi-slide” - A-Ward Attachments Ltd - New Zeeland
Recycling, which involves the use and transportation of metallic scrap, is extremely important from an environmental perspective. A-ward has designed a flexible and innovative system comprising two units made of high strength steel which compress and pack metallic scrap in containers. The direct loading of the scrap onto the containers results in major savings in terms of cost and time. The risk of damage to the containers is reduced thanks to horizontal loading.

Light train seats ‟Regio and Regio+” – Borcad CZ s.r.o –Czech Republic
Borcad, which enjoys a strong position on the market for light train seats, has developed the next generation of train seats through a smart design made of high strength steels. The slim and yet robust seats are 25% lighter than their predecessors. At the same time, they more than satisfy established strength and collision safety requirements. Thanks to the high strength of the steel, protection is also provided against damage due to vandalism.

“Forwarder 1450 F” - Gremo –Sweden
Within the forestry industry, the need for forestry thinning equipment is increasing. A forwarder is a vehicle which transports timber from the logging site to the road. Gremo has produced a carefully conceived and optimized new design which efficiently utilizes high strength steel. The 15% reduction in chassis weight leads to lower fuel consumption relative to payload. The forwarder’s chassis has been designed for increased torsional stiffness, thereby improving off-road performance, and the engine’s emission control is in accordance with the most recent EU directives. The manufacturing costs have been reduced significantly.

Volvo Group Trucks, which also had an application nominated for the 2012 Steel Prize, has withdrawn its application (September 25, 2012).

The Swedish Steel Prize will be awarded on November 15 at Münchenbryggeriet in Stockholm. The winner will receive an award of SEK 100,000 and a statuette. The prize ceremony will conclude with a two-day long event in Sweden at which hundreds of international representatives from the engineering and industrial sectors will participate in plant visits and seminars. SSAB established the Swedish Steel Prize in 1999.

Pictures of the nominees will shortly be available on http://www.steelprize.com.

  

For additional questions, please contact:

Ulrika Lilja, Director, External Communications     +46 72 209 3154

SSAB is a global leader in value added, high strength steel. SSAB offers products developed in close cooperation with its customers to create a stronger, lighter and more sustainable world. SSAB has employees in over 45 countries and operates production facilities in Sweden and the US. SSAB is listed on the NASDAQ OMX Nordic Exchange, Stockholm. www.ssab.com.

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