ArcelorMittal will launch a new high-strength automotive steel later this year, throwing down the gauntlet to its rivals in the race to make cars lighter.
The world’s biggest steel producer by tonnage said that its new grade, called Usibor 2000, would be about one-third stronger than those currently available for carmaking.
“It’s lightweight because the material is so strong that you need a lot less of it to achieve the same functionality,” said Greg Ludkovsky, head of research and development at ArcelorMittal.
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