ArcelorMittal Brazil joins Fiat Chrysler and others to develop micro-alloyed steel product

ArcelorMittal Brazil joins Fiat Chrysler and others to develop micro-alloyed steel product

Posted on by admin

ArcelorMittal Brazil has joined Stellantis, Fiat Chrysler and niobium producer CBMM to develop a micro-alloyed steel product for the automotive industry, CBMM said.

The three companies will invest a combined BRL 1.2 million (about $226,100) in the two-year project, with the aim to develop a lighter steel product to be used in the automotive industry in Brazil. The companies expect to develop a 100 percent Brazilian product, with niobium added to a micro-alloyed steel product.

The project will be developed at Senai, a Brazilian research institution in Minas Gerai state.

Leave a Reply

Your email address will not be published. Required fields are marked *