Japan's Kobe Steel enters next-generation of auto steel

Quest for lighter vehicles behind move

0215N Kobe Steel

Kobe Steel has begun making hot stamping steel to cater to automakers' demand.

TOKYO - Kobe Steel has begun to produce steel used in a process called hot-stamping in response to growing demand from automakers for lighter and stronger components.

The Japanese steelmaker hopes that the steel will offer carmakers an alternative to high-tensile steel, aluminum and carbon fiber when they seek to save weight in their vehicles.

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