6 Reasons Why POSCO GIGA STEEL is Ideal for Automakers

2017/05/12

Throughout April and May, The Steel Wire is taking an in-depth look at how the auto industry is evolving through advancements in material technologies. Advanced high-strength steels (AHSS), like POSCO GIGA STEEL, offer the automakers a unique solution that combines light weighting properties, strength, and affordability.

Take a look at the articles below for a more detailed look at POSCO GIGA STEEL and the advanced high strength steel solutions available to the auto industry.

1. Three Trends that Will Forever Change the Automotive Industry

The last 15 years have seen cars that are connected, autonomous, shared, and electric. These recent trends represent a turning point for an industry that is being forced to recognize the quickly changing habits of its consumers as well as the increasingly strict safety and fuel efficiency regulations. In order to adapt, the automotive industry is learning to make cars differently. Underpinning all of these advancements is a need for stronger, lighter, and more durable materials like POSCO GIGA STEEL.

2. Automakers Look to Steel for Lower CO2 Emissions

Several factors are contributing to the growing interest in electric vehicles. Stricter CO2 emission standards are changing the way cars are being made, and consumers are becoming more environmentally conscious at the same time. To produce more fuel efficient vehicles, car makers are looking to advanced materials in lightweighting that can help make vehicles more eco-friendly while being safe and affordable.

3. POSCO GIGA STEEL Offers Solutions for the Evolving Auto Industry

Last year, POSCO sold approximately 9 million tons of automotive steel sheets, accounting for 10% of the global automotive steel sheet market. POSCO plans to expand their partnerships with automakers by providing customers with the most advanced, high-quality automotive steel. POSCO GIGA STEEL represents the beginning of a new era for automakers. It is lightweight, strong, high formable, and affordable.

4. POSCO GIGA STEEL Increases Strength, Improves Safety in Autos

Over the last 60 years, consumers, automakers, and regulatory agencies have been looking for ways to build cars that are safer for their passengers. The steel industry has responded by offering material solutions that are stronger and able to absorb more powerful impacts. POSCO GIGA STEEL is one of those solutions.With strength more than three times stronger than aluminum and with formability properties that allow it to be made into complex auto parts.

5. POSCO GIGA STEEL Opens Door to the Future of the Auto Industry

Mileage, design, and emissions. Which do you consider the most when purchasing a car? More than ever, the industry is requiring that a vehicle goes longer distances with less fuel, which means the car must be lighter while consumers want a car that represents their personality, demanding vehicles with more sophisticated and elegant designs. Park Jong-jae, a motorsport columnist, explores how POSCO GIGA STEEL provides the ideal solution to meet the needs of today’s auto industry and consumers.

6. Infographic: Driving the Future with POSCO GIGA STEEL

As the auto industry changes, POSCO GIGA STEEL provides an ideal solution for both manufacturers and consumers. It offers strength, formability, light weighting, increased safety, and affordability. For more information, take a look at the infographic and discover the benefits that POSCO GIGA STEEL can bring to both automakers and consumers today.

Throughout April and May, The Steel Wire is taking a closer look at the auto industry and the demands on automotive materials to be stronger, lighter, and more affordable. Subscribe to our newsletter today and discover the benefits that POSCO GIGA STEEL can bring to both automakers and consumers today.