Steel

Steelmaker ArcelorMittal shifts strategy in response to Ford's use of aluminum

7:08 am U.S. ET | June 17, 2015

When Ford confirmed last year it would build its most popular pickup using aluminum, the automaker's steel supplier was caught flat-footed. Now ArcelorMittal, the top worldwide supplier of steel for autos, has built a two-pronged response to try to head off defections by other customers....
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Supplier ThyssenKrupp plans to invest $869 million in N.A. by 2020

11:39 am U.S. ET | April 24, 2015

German industrial group ThyssenKrupp plans to invest more than 800 million euros ($869 million) in North America by 2020 to take advantage of increased auto production....
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SGL eyes more cutbacks on weak graphite electrode markets

March 18, 2015 16:59 CET

Germany's SGL, the materials supplier for carbon fiber reinforced parts in BMW Group's electric cars, has stepped up cost cutting efforts again to grapple with a difficult market for graphite electrodes used in steel recycling....
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Kobe Steel considers $800 million U.S. aluminum plant for auto suppliers

6:41 am U.S. ET | March 3, 2015

Kobe Steel, supplier of aluminum sheet to half of Japan’s auto industry, is considering building a 100 billion yen ($832 million) plant in the U.S. to expand sales to Japanese carmakers operating in North America....
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World Congress panel to explore vehicle innovation

12:01 am U.S. ET | Dec. 22, 2014

Aluminum vs. high-strength steel. It's one of the industry's hottest technological battlegrounds as automakers push to reduce vehicle weight while cutting costs and improving safety....
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Steel boosters step on Ford's football turf

12:01 am U.S. ET | Oct. 6, 2014

A series of radio commercials broadcast this season in Michigan and Ohio during Detroit Lions football games exhorts shoppers to make sure they get a steel body on their new car, pickup or SUV....
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Arcelor: We can do what aluminum can

12:01 am U.S. ET | Sept. 22, 2014

ArcelorMittal has a message for automakers scrambling to hit the new fuel economy targets mandated for 2025: You don't have to make vehicles out of aluminum to do it....
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Alabama steel plant's new owners pledge more supply

4:16 pm U.S. ET | Sept. 18, 2014

North American auto plants soon should see an improved and greater supply of the high-strength steels needed to reduce vehicle weight and improve fuel economy, thanks to a change in ownership earlier this year of an advanced steel-finishing plant near Mobile, Ala....
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Steelmaker says it can put pickups on a diet

6:56 am U.S. ET | Sept. 17, 2014

ArcelorMittal has a message for automakers scrambling to hit tougher fuel economy targets that come into effect in 2025: You don't have to make trucks out of aluminum to do it....
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Chrysler's Ram pickup may stick with steel through 2020, report says

7:27 pm U.S. ET | Aug. 21, 2014

Chrysler Group is planning an extensive facelift of its full-size Ram 1500 pickup in spring 2017, but has no firm plans to follow rivals GM and Ford in replacing steel body panels with aluminum until a complete redesign after 2020, industry sources told Reuters....
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Novelis: Aluminum sales to automakers will nearly triple on new emissions, mpg rules

8:49 am U.S. ET | Aug. 21, 2014

Novelis, the world's biggest supplier of aluminum sheeting to carmakers, expects sales to customers including Audi and Ford to rise almost three-fold as new emissions rules restrict the use of steel....
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Russia's Severstal sells U.S. steel plants to AK Steel, Steel Dynamics

8:48 am U.S. ET | July 21, 2014

Russia's Severstal said it agreed to sell its two steel plants in the United States for $2.3 billion, withdrawing from the market at a time of rising tension between Russia and the West and turning its focus to its domestic business....
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Steel supplier Industrias missing out on Mexico's car boom

8:13 am U.S. ET | July 15, 2014

Industrias, Mexico's biggest maker of specialized steel used in car engines, is missing out on a surge in automobile production as competitors' increased output has lowered prices....
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