The largest steelmaker in the world has seen the upcoming revolution in the auto industry and wants to join the “party” with its own new auto frame – albeit one made of steel, but with a weight reduction that can compete with the new aluminum intensive ones.
ArcelorMittal claims their new frame made of steel is now 23% lighter than conventional ones, thus successfully vying with aluminum ones for the use in the next-generation energy-efficient vehicles. There’s an entirely new range of steel products for automakers; which can allow weight savings of 384 pounds (174 kilograms) when it comes to a pickup’s cab, box, frame and closures, according to the company.
Luxembourg-based ArcelorMittal added the new weight savings would allow carmakers to build a pickup that would then meet the new emission standards developed by the European Union and the US.
After Ford decided to change its entire production process to accommodate the new generation 2015 Ford F-150 equipped with an aluminum body, steelmakers and aluminum producers are getting ready for increased rivalry – prompting renewed efforts to create stronger, lighter metal for their specialized auto buyers.
ArcelorMittal’s chief executive officer for the Americas, Lou Schorsch added that the company’s plant in Calvert, Alabama, jointly owned with Nippon Steel & Sumitomo Metal Corp. is getting ready to receive investments of $46.7 million. The higher-value, specialized products made there – such as steel sheets sold to automotive customers – are now in high demand – especially when it comes to the advanced high-strength steel.