Annual steel supply to rise 4.2m tonnes in European vehicles by 2050

A recent study by Tata Steel suggests that steel demand across Europe’s automotive sector will grow significantly, boosted by the electrification trend. By Michael Nash

Multi-material vehicle designs are becoming increasingly popular as a variety of factors such as crashworthiness and efficiency continue to influence the new models. However, a new study points to the trend of electrification as a key enabler for growth in steel usage….

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