SSAB: Environmental Efficacy Rewarded with the 2012 Swedish Steel Prize

  SSAB: Environmental Efficacy Rewarded with the 2012 Swedish Steel Prize

Business Wire

STOCKHOLM, Sweden -- November 15, 2012

This year, the Swedish Steel Prize has been awarded to A-Ward Attachments Ltd.
of New Zealand. The company has designed a flexible system using high-strength
steel which compresses and packs metallic scrap in containers.

The aim of the Swedish Steel Prize is to inspire and disseminate knowledge
about high strength steels and the possibilities to develop lighter, stronger
and more sustainable products. From an environmental perspective, the
recycling, management and transportation of metallic scrap is very important.
A-Ward has worked for two years to perfect the design of a scrap loader which
improves the management and transportation of scrap. The loader is
manufactured from SSAB’s Hardox wear plate.

The scrap is loaded directly onto the containers, which saves both costs and
time. Moreover, horizontal loading reduces the risk of damage to the
containers. The environmental impact is reduced because the scrap containers
need not be specially manufactured and ordinary container transportation can
be used. The scrap loader will be sold worldwide to companies in the recycling
and waste management sector.

“We are pleased to announce our first winner from New Zealand. A-Ward
demonstrates the advantages of high strength steel with an innovative and
well-planned solution. Productivity and service life have been improved
significantly and their products contribute to a more sustainable society,”
says KG Ramström, chairman of the jury and SSAB’s Chief Technical Officer.

“I would like to thank SSAB for putting on such an amazing global event like
the Swedish Steel Prize. After spending the last couple of days at SSAB, I
must say that my expert team just got a lot bigger. The innovative A-ward
Mi-Slide product may come from one of my crazy ideas, but to turn it into
reality, I have surrounded myself with a team of experts. Apart from the
feeling of watching your brand new product work for the first time, also
winning this prestigious award means a great deal to me, says Simon Ward,
Managing Director A-Ward Attachments.

Other nominated companies have been awarded the second prize in the 2012
Swedish Steel Prize. These companies are Gremo (Sweden) and Borcad CZ s.r.o
(Czech Republic).

SSAB established the Swedish Steel Prize in 1999.

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.

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Ulrika Lilja, +46 72 209 31 54
Director, External Communications
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