Fuel efficiency goals will hurt some steelmakers, Fitch says
Jul 19, 2013 | 10:17 AM
| Stacy Irish
LONDON Tough new vehicle fuel-efficiency targets in the United States and Europe are likely to lead to lower sales volumes for steel companies, Fitch Ratings Ltd. said.
Higher prices for lighter, stronger steels should benefit well-funded producers that have the resources to invest in product development compared with companies that make less-sophisticated components, such as heavier structural parts, the ratings agency said.....
To access AMM's full content, please log in below. If you do not have an AMM account, we invite you to take a free trial or subscribe below.
Already a registered amm.com user?
Access to amm.com editorial content is granted only to paid subscribers and trialists. If you do not have an active account in your own name, please either subscribe or take a trial and you will have instant access to amm.com content. Sharing your login credentials with individuals who are not subscribers represents a violation of AMM copyright.
Every morning, every minute no matter how often you follow the markets, there's an AMM subscription to fit your needs.
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.