Steel ‘in battle’ in automotive: ArcelorMittal

May 09, 2014 | 05:17 PM | Michael Cowden

Tags  steel, advanced high-strength steel, automotive market, battle, competitive materials, aluminum, ArcelorMittal, Lakshmi N. Mittal Louis L. Schorsch

CHICAGO — Advanced high-strength steels are regaining market share in automotive applications that previously favored aluminum, ArcelorMittal SA executives said.

And while adoption of advanced high-strength steels by automakers will lead to a reduction in tons shipped to the auto sectors, the amount of steel used by vehicle manufacturers as measured by surface area could remain unchanged, they said.

In Europe, the Luxembourg-based steelmaker has already had success convincing some automotive original equipment manufacturers (OEMs) to switch aluminum doors back to steel, company chairman and chief executive officer Lakshmi N. Mittal said during an earning conference call May 9. ....

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