Steel

Severstal shifting to high-strength steel products to counter aluminum threat

Feb. 28, 2014 06:01 CET
Steelmaker Severstal North American plans to move into new high-strength steel products to counter the growing threat from aluminum in light-vehicle manufacturing.... Read More »

 

Severstal shifting to high-strength steel products to counter aluminum threat

2:40 pm U.S. ET | Feb. 27, 2014
Steelmaker Severstal North American plans to move into new high-strength steel products to counter the growing threat from aluminum in light-vehicle manufacturing.... Read More »

 

After F-150 defeat, steel makers plan comeback

7:03 pm U.S. ET | Jan. 31, 2014
The steel industry suffered a blow when Ford said last month that the body of its next F-150 pickup would be made of aluminum instead of steel. Now, one steel supplier says “the steel industry has failed” and might have prevented the switch by investing in the capacity to produce more lightweight, high-strength steel.... Read More »

 

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Turkey's Inci aims to be top 100 supplier by 2023

Dec. 5, 2013 06:01 CET
Turkish conglomerate Inci Holding aims to be one of the world's top 100 automotive suppliers by 2023 with sales of $2 billion, up from the equivalent of $496 million in turnover last year.... Read More »

 

Ford shares patents with minority suppliers

12:01 am U.S. ET | Nov. 29, 2013
The owner of a small tooling supplier in suburban Detroit wants to play a big role in the auto industry's high-stakes shift from steel to aluminum. He just needs time.... Read More »

 

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Steel makers add lighter alternatives to maintain dominance in vehicle production

Nov. 21, 2013 06:01 CET
Steel makers are offering lighter, more durable products to maintain their dominance against aluminum and plastics producers as the preferred raw material used in vehicle production.... Read More »

 

Steel makers roll out lighter, tougher products

12:01 am U.S. ET | Nov. 11, 2013
Steel makers say they are offering lighter, more durable products to maintain steel's dominance as the preferred raw material for vehicle production.... Read More »

 

Severstal NA replaces most top execs to reflect steelmaker's shift in priorities

10:02 am U.S. ET | Oct. 4, 2013
The North American unit of Russian steelmaker OAO Severstal, which owns the steel plant at Ford's famed Rouge manufacturing complex, has replaced nearly all of its senior management this year in an attempt to create "profitable, sustainable growth," the unit's new CEO says.... Read More »

 

Auto industry steels itself for 'conflict minerals' rule

10:09 am U.S. ET | Sept. 24, 2013
After years of education and preparation, the automotive industry has begun to identify whether certain metals from nine African countries exist in the supply chain. New federal regulations require public companies to disclose whether they use "conflict minerals" -- tin, tungsten, tantalum and gold -- from the Democratic Republic of Congo and eight other African countries that are said to fund violence.... Read More »

 

ThyssenKrupp denies report on possible sale of automotive unit

Sept. 23, 2013 06:01 CET
German steelmaker ThyssenKrupp has described a magazine report that says it's preparing to sell its automotive division as ''nonsense.''... Read More »

 

Toyota to raise steel prices for suppliers by 12%, report says

7:49 am U.S. ET | Aug. 22, 2013
Toyota will increase the price of steel it sells to suppliers by 12 percent in the second half of this fiscal year, three people familiar with the matter told Bloomberg, lifting a benchmark used in the country's auto industry.... Read More »

 

Toyota, Nippon Steel raise steel sheet price by 10%, report says

3:38 pm U.S. ET | July 22, 2013
Nippon Steel & Sumitomo Metal and Toyota have agreed to raise steel sheet prices by about 10 percent for April-September as the yen falls, the Nikkei reported.... Read More »

 

ArcelorMittal expects quick uptake of its CO2-reducing car doors

July 4, 2013 06:01 CET
ArcelorMittal says it expects its lightweight steels to start reducing weight in car doors in production models as early as 2014. The supplier estimates that its new solution can deliver a 27 percent weight saving compared with traditional steel, without compromising safety.... Read More »

 

Alcoa plans to expand Tenn. plant to meet automotive demand

10:04 am U.S. ET | May 2, 2013
Alcoa, the nation's largest aluminum producer, will expand a plant in Tennessee to meet increasing demand for the lightweight metal in cars and trucks.... Read More »

 

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