ArcelorMittal, the world leading steel producer has researched and showed great interests to supply new invented high strength steels to promote fuel reduction for automotive industry by 2025. The steel giant determined this new researched report by discovery of advanced high strength steel (AHSS) can efficiently reduce body weight of automobile along with improvement of 7.2% fuel consumption. Also, this is a leading step forward in the automotive markets covering regions in North America, Europe, South America, South Africa and China since ArcelorMittal has already possess nearly 17% supply of steel in world's automotive market.
Source:
http://www.yieh.com/2.2.01.01stainlesssteelnews.aspx?no=63689&division=A9
