Steel and Automotive Industry

Steel has long been the primary material of choice for automotive manufacturers across the world. It provides desirable standards in strength and safety for vehicles at relatively low costs in comparison to other materials.

However, in view of global warming and climate change, there is increasing pressure on auto-mobile manufacturers to follow stringent regulations pertaining to their automobiles’ emissions and fuel efficiency. Regulating authorities in different parts of the world are now seeking to address this challenge by setting limits on automotive emissions and fuel economy standards.