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ArcelorMittal on balancing steel requirements for fuel economy and safety

Amidst the ongoing steel versus aluminium debate, ArcelorMittal held an event focussing on its automotive business, emphasising the competitive advantage steel brings to the table

Although many new materials have made inroads into the automotive manufacturing segment, such as aluminium and carbon fibre composites, steel continues to hold the bulk of the market share. The main factor that has played in favour of steel if costs, and as a result, the mass volume market still relies heavily on steel.

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