As vehicle manufacturers look for the ways to save mass in vehicle structures, the amount of advanced high-strength steels used is increasing.
Gary S. Vasilash
Editor-in-Chief, AutoBeat Group
Nippon Steel Corp. intends to sell of 200 billion yen ($1.9 billion) in assets over the next two years to help it buy a 50% stake in Indian steelmaker Essar Steel India Ltd.
Mazda Motor Corp. says its latest Skyactiv-Vehicle Architecture is the first production application for cold-stamped advanced high-strength steels rated above 1,200 MPa.
Steelmaker Posco has officially opened a factory in Rayong, Thailand, to make galvanized steel sheet for the country’s auto industry.
Toyota Motor Corp. has delayed delivery of roughly 23,000 vehicles in Japan after soot and tar from a nearby steel mill stained their exteriors, The Nikkei reports.
In April Nippon Steel & Sumitomo Metal Corp. expects to begin shipping some 300,000 crankshafts annually to the U.S. from a factory in India, The Nikkei reports.