Hyundai Steel to Increase Ultrahigh Strength Steel Supplies to Carmakers.

Hyundai Steel said that it will speed up the development of high-strength steel materials to gain an upper hand in the global automobile market. The company expects to get quality certifications from automakers in Europe and China in order to increase its competitiveness across the world. The company aims to supply one million tonnes of steel to major global automakers

In 2019, Hyundai Steel developed 218 types of ultra-high strength steel, and received certifications from global automakers for 167 auto parts. The company produced hot stamped steel for Hyundai Motor’s bestselling sedan Avante’s latest model as well as 1.5GPa-grade high-strength steel for auto parts needed to ensure vehicle safety.

STEELGURU