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U. S. Steel CEO: New Steel Grades Will Play Leading Role In Achieving Future Fuel Economy Requirements

 U. S. Steel CEO: New Steel Grades Will Play Leading Role In Achieving Future
                          Fuel Economy Requirements

Multi-million dollar project to drive the third generation of advanced steel
grades

PR Newswire

DETROIT, April 11, 2013

DETROIT, April 11, 2013 /PRNewswire/ --What material will lead the way in
helping automakers achieve future fuel economy requirements? According to John
Surma, chairman and CEO of United States Steel Corporation, the clear answer
is steel. During an Automotive Press Association Luncheon held today at the
Detroit Athletic Club, Surma discussed how new steel grades will play a
critical role in evolving automotive designs to meet the 2025 54.5 mpg
mandate.

During the event hosted by the Steel Market Development Institute (SMDI), a
business unit of the American Iron and Steel Institute (AISI), Surma outlined
why advanced high-strength steels (AHSS) are the fastest growing materials in
vehicles and will continue to grow. According to Surma, steel's continued
growth and development is due to its wide range of properties that allow it to
satisfy increasing vehicle safety and performance requirements while
generating significantly lower greenhouse gas emissions compared to other
materials, all at a competitive cost.

Surma cited multiple examples to support steel's "complete package" message,
including the successful FutureSteelVehicle program that demonstrates how new
steels and design methods can reduce body-in-white mass by 39 percent compared
to traditional steel bodies, while also reducing life cycle emissions by
nearly 70 percent without a cost increase. He also cited a project in which a
front lower control arm made from an alternative material was replaced with an
AHSS part of the same weight at 30 percent lower cost.

"The combinations of scientific research and product development have brought
our industry to this point in the development of new steels," Surma said.
"Now, as an industry, we are continuing our research on the next … the third…
generation of advanced high-strength steels."

During his presentation, Surma discussed an aggressive collaborative project
to help create the next generation of advanced steel grades. SMDI together
with the Auto/Steel Partnership and the U.S. Automotive Materials Partnership
received an award of $6 million from the U.S. Department of Energy for its
"Integrated Computational Materials Engineering Approach to Development of
Lightweight, Third-Generation Advanced High-Strength Steels" project. The
four-year project began in the first quarter of 2013 and will develop
integrated computer models to accelerate the development of the next
generation of weight-saving high-strength products. Along with steel
companies and car companies, five universities, two engineering companies and
Pacific Northwest National Laboratory will participate in the research. 

"The program will start from atomic and nano scale models of steel and
continue through the performance of these steels in actual vehicles," Surma
said. "Establishing such intelligent systems for new steel development will be
a powerful tool to help our industry design the steels of tomorrow."

For additional information about the steel industry's efforts to develop the
next generation of automotive steel or the material's complete package
benefit, please visit www.autosteel.org.

AISI serves as the voice of the North American steel industry in the public
policy arena and advances the case for steel in the marketplace as the
preferred material of choice. AISI also plays a lead role in the development
and application of new steels and steelmaking technology. AISI is comprised of
25 member companies, including integrated and electric furnace steelmakers,
and 125 associate members who are suppliers to or customers of the steel
industry. AISI's member companies represent over three quarters of both U.S.
and North American steel capacity.

SMDI grows and maintains the use of steel through strategies that promote
cost-effective solutions in the automotive, construction and container
markets, as well as for new growth opportunities in emerging steel markets.
For more news or information, visit www.autosteel.org or follow us on twitter
at www.twitter.com/smdisteel.

SMDI investors include:

  oAK Steel Corporation
  oArcelorMittal Dofasco
  oArcelorMittal USA LLC
  oNucor Corporation
  oSeverstal North America
  oThyssenKrupp Steel USA, LLC
  oUnited States Steel Corporation

SOURCE Steel Market Development Institute

Website: http://www.autosteel.org
Contact: DEANNA LORINCZ, 248.945.4763, dlorincz@steel.org
 
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