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Belaz wins Swedish Steel Prize

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World Coal,

Belarusian mining truck manufacturer, Belaz, has won this year’s Swedish Steel Prize. The award was made for Belaz’s “innovative and new construction for axle suspension and slewing bearings for the world’s largest dump truck,” Swedish steelmaker and founder of the prize, SSAB, said in a press statement.

“Belaz has boldly gown beyond the boundaries of what has earlier been considered possible using available technology” said Gregoire Parenty, chairman of the jury and executive vice president and head of market development at SSAB.

Using high-strength steel, Belaz has built the BELAZ-75710 truck with a payload capacity of 450 short t – 20% higher than conventional trucks. “Belaz’s new design shows how high-strength steel can be used to make stronger, lighter and more sustainable products,” continued Parenty.

The Swedish Steel Prize was established by SSAB in 1999. This year’s runners up were Santander Equipos from Chile, Timo Penttimies from Finland and Vale from Brazil.

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