Steel

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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Poll: Raw materials costs to rise

12:01 am U.S. ET | June 16, 2014

Prices of raw materials, after several years of stability, may be due for moderate increases....
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Kobe Steel, Toyota Tsusho explore joint aluminum output in U.S.

9:05 am U.S. ET | May 26, 2014

Kobe Steel and Toyota Tsusho, aiming to tap growing demand for aluminum vehicles, are in talks to set up a joint venture to make the lightweight sheetmetal in the United States....
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Stamping bottleneck squeezes boron-steel supply

12:01 am U.S. ET | May 19, 2014

Faced with increasingly tough federal collision standards, automakers are turning to boron steel -- which is six times stronger than conventional steel -- to reinforce the body-in-white without adding pounds....
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Severstal said to be weighing offers for U.S. steel plants

1:42 pm U.S. ET | May 14, 2014

OAO Severstal, the Russian steelmaker controlled by billionaire Alexey Mordashov, said it is considering “a range of strategic options” for its North American unit amid reports the business may be sold....
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