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		<title>fuel efficiency &#8211; Official POSCO Group Newsroom</title>
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            <title>fuel efficiency &#8211; Official POSCO Group Newsroom</title>
            <link>https://newsroom.posco.com/en</link>
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        <currentYear>2018</currentYear>
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		<description>What's New on POSCO Newsroom</description>
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					<item>
				<title>POSCO and DSC&#8217;s Joint Efforts Fulfill the Dream of Lighter and Stronger Cars</title>
				<link>https://newsroom.posco.com/en/posco-and-dsc-creates-lighter-yet-stronger-cars/</link>
				<pubDate>Fri, 14 Sep 2018 21:00:52 +0000</pubDate>
				<dc:creator><![CDATA[posconews]]></dc:creator>
						<category><![CDATA[Business]]></category>
		<category><![CDATA[DSC]]></category>
		<category><![CDATA[fuel efficiency]]></category>
		<category><![CDATA[giga steel]]></category>
		<category><![CDATA[High-strengh Steel]]></category>
		<category><![CDATA[lightweight]]></category>
		<category><![CDATA[low-temperature welding]]></category>
		<category><![CDATA[POSCO]]></category>
		<category><![CDATA[Seat Frame]]></category>
		<category><![CDATA[Together With POSCO]]></category>
									<description><![CDATA[A common consumer makes a car purchase by determining the maker of finished vehicles such as Hyundai Motors or Ford, not by figuring out the manufacturer of]]></description>
																<content:encoded><![CDATA[<p><span style="font-weight: 400;">A common consumer makes a car purchase by determining the maker of finished vehicles such as Hyundai Motors or Ford, not by figuring out the manufacturer of each auto part. As an auto part maker, DSC may sound unfamiliar, yet, as the auto seat frame supplier that determines comfortable and safe riding experience, DSC holds a powerful position in influencing the overall performance of a car. </span></p>
<p><span style="font-weight: 400;">Reflecting the lightweighting trend of the auto industry and the rise in the level of seat frame strength for stability, the importance of lightweighting and strong seat frame material and technology is becoming increasingly apparent.  </span></p>
<p><span style="font-weight: 400;">POSCO Newsroom covers the scene where future cars are created— with DSC’s unceasing efforts in innovating lighter and stronger cars and POSCO, the manufacturer of “Giga Steel”, also referred to as “Dream Steel” that materializes these efforts. </span></p>
<div class="video_wrap"><iframe src="https://www.youtube.com/embed/qt28L5DTdk4?rel=0" width="300" height="150" allowfullscreen="allowfullscreen"><span data-mce-type="bookmark" style="display: inline-block; width: 0px; overflow: hidden; line-height: 0;" class="mce_SELRES_start"><span data-mce-type="bookmark" style="display: inline-block; width: 0px; overflow: hidden; line-height: 0;" class="mce_SELRES_start">?</span></span></iframe></div>
<p>&nbsp;</p>
<h2><strong> Fuel Efficiency vs. Resistance to Impact</strong></h2>
<p><span style="font-weight: 400;">Which is a better pick? A light car for fuel efficiency? Or a car highly resistant to impact? The answer is both. Beyond the economic advantage of the consumer, reinforced environmental regulations along with raised awareness of environmental impact has caused the automotive industry and its consumers to regard lightweighting as a priority. Yet, it is also inevitable to seek out a strong car for passenger safety.</span></p>
<p><span style="font-weight: 400;">DSC has prioritized developing ultra-lightweight, high-strength seat frame, what all drivers and finished auto manufacturers yearn for. The first-generation through currently commercialized third-generation frame has seen through quite an innovation. DCS’s third-generation seat frame has decreased in weight by 21% compared to the first while the strength improved highly with the application of POSCO’s Giga Steel.</span></p>
<p><img class="aligncenter size-full wp-image-52691" src="https://newsroom.posco.com/en/wp-content/uploads/2018/09/디에스시X포스코_eng.png" alt="" width="960" height="540" /></p>
<blockquote>
<p style="text-align: center;"><strong>“Automotive lightweighting and structural stability are essential requirements that shouldn’t be overlooked. DSC is constantly innovating the seat frame’s rate of stability through lightweighting while maintaining the highest level of strength.” </strong> (Chan-gi Jo, the head of R&amp;D Center at DSC)</p>
</blockquote>
<p>&nbsp;</p>
<h2><strong>DSC’s Unstoppable Drive for Innovation: Giga Steel and Low-Temperature Welding </strong></h2>
<p><span style="font-weight: 400;">To figure out how ultra-light and high-strength seat frames are originated, POSCO Newsroom paid a visit to DSC’s Head Office located in Gyeonggi-do, Korea. State-of-the-art equipment galore at the Pilot building where skilled engineers run elaborate tests and benchmarking while labs are running varied simulations based on blueprints.</span></p>
<p><span style="font-weight: 400;">Dong-su Kim, the head of of Global Support Office at at DSC referred to POSCO’s Giga Steel (resisting pressure of one gigapascal) as one of core solutions to DSC’s ultra-light, high-strength seat frame. By applying POSCO’s ultra-strength Giga Steel, less amount of steel performs the same amount of intensity. Thus, a lighter, stronger, and safer seat frame can be produced in comparison to what regular steel can offer.</span></p>
<p><img class="aligncenter size-full wp-image-52688" src="https://newsroom.posco.com/en/wp-content/uploads/2018/09/20180911_02.png" alt="" width="960" height="540" /></p>
<p><span style="font-weight: 400;">DSC’s exclusive low-temperature welding technology that enables its unique high-strength seat frame was observed with the naked eye. Its low-temperature welding drastically improved regular laser beam welding that is less cost-efficient and difficult to modify. Through establishing its own seat frame technology, exclusive to the domestic market, DSC increases both the quality and stability while being adaptive to the changes in automotive manufacturing technology. </span></p>
<blockquote>
<p style="text-align: center;"><strong>“DSC has achieved excellence through Giga Steel and low-temperature welding. It’s already a brand that is trusted by international automotive companies such as Hyundai motors, Ford, and Subaru. We are aiming to promptly accommodate the needs of future sustainable car industry through even more lighter and stronger seat frames by focusing on developing next-generation lightweight, high-strength seats.”</strong> (Dong-su Kim, the head of Global Support Office at DSC)</p>
</blockquote>
<p>&nbsp;</p>
<h2><strong>The Perfect Pairing: POSCO’s Giga Steel in DSC’s Seat Frame</strong></h2>
<p><span style="font-weight: 400;"> POSCO’s Giga Steel is an ultra-high-strength steel plate that can withstand 1,500 units of 1-ton-worth compact cars on the size of a palm. Stronger products can be crafted with lesser weight, making it especially popular as a lightweight automotive material. DSC is also actively adopting POSCO’s Giga Steel as the ultimate lightweight and high-strength material for seat frames. </span></p>
<p><img class="aligncenter size-full wp-image-52689" src="https://newsroom.posco.com/en/wp-content/uploads/2018/09/디에스시X포스코_기가스틸_eng.png" alt="" width="960" height="540" /></p>
<p><span style="font-weight: 400;"> Recently, DSC and POSCO have taken their technological cooperation to the next level—next-generation ultra-lightweight seats making maximum use of Giga Steel. Already captivating the auto industry, this new seat frame evolution prides in using both companies’ cutting-edge technologies. </span></p>
<blockquote>
<p style="text-align: center;"><strong>&#8220;DSC is currently supplying its high-strength seat frames to global car manufacturers with its production base in 20 locations around the world, including United States, China and Europe. POSCO will continue to build on its Solution Marketing activities with DSC, further expanding Giga Steel&#8217;s market share for seat frames.&#8221; </strong> (Jong-gyu Kim, POSCO Automotive Materials Marketing Office)</p>
</blockquote>
<p><span style="font-weight: 400;">POSCO Newsroom has observed endless innovations in the making of light and strong cars, and heard stories of people who make dreams come true right at the scene. With DSC seeking perfection even in unseen areas, along with POSCO, the dream material, “Giga Steel” creator grasping the hidden needs of the manufacturer and the end consumer, the future of their bonded efforts is highly anticipated. </span></p>
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					<item>
				<title>How POSCO’s Magnesium Plates Give a Lightweight Advantage</title>
				<link>https://newsroom.posco.com/en/poscos-magnesium-plates-give-lightweight-advantage/</link>
				<pubDate>Fri, 29 Sep 2017 14:04:29 +0000</pubDate>
				<dc:creator><![CDATA[posconews]]></dc:creator>
						<category><![CDATA[Business]]></category>
		<category><![CDATA[achievement]]></category>
		<category><![CDATA[aluminum]]></category>
		<category><![CDATA[automakers]]></category>
		<category><![CDATA[cars]]></category>
		<category><![CDATA[Electric Vehicle]]></category>
		<category><![CDATA[fuel efficiency]]></category>
		<category><![CDATA[future]]></category>
		<category><![CDATA[magnesium]]></category>
		<category><![CDATA[magnesium plate]]></category>
		<category><![CDATA[POSCO]]></category>
		<category><![CDATA[weight reduction]]></category>
									<description><![CDATA[The Korean Society of Automotive Engineers (KSAE) held its 2017 KSAE Baja/Formula/EV tournament for university students on August 10~12. From all over Korea,]]></description>
																<content:encoded><![CDATA[<p><span style="font-weight: 400;">The </span><a href="http://jajak.ksae.org/eng/intro.php" target="_blank" rel="noopener"><span style="font-weight: 400;">Korean Society of Automotive Engineers</span></a><span style="font-weight: 400;"> (KSAE) held its 2017 KSAE Baja/Formula/EV tournament for university students on August 10~12. From all over Korea, 180 teams took part in 4 major categories of competition: Baja (off-road racing), Formula (on-road racing), Electric Vehicle and Technology. Take a look at the video below for highlights from this year’s event. </span></p>
<p><iframe width="500" height="281" src="https://www.youtube.com/embed/x_vYEKGGjKM?feature=oembed" frameborder="0" allow="autoplay; encrypted-media" allowfullscreen></iframe></p>
<p><span style="font-weight: 400;">As major automakers around the globe are investing in and developing electric vehicles (EV), there was much anticipation and attention focused on the EV category and its top winners the Tuning X team of Soeyeong University. A major factor in the team’s achievement was the application of POSCO’s magnesium plates for the car body instead of aluminum, something the team had never done before. </span></p>
<div id="attachment_12931" style="width: 690px" class="wp-caption aligncenter"><a href="https://newsroom.posco.com/en/wp-content/uploads/2017/09/The-Tuning-X-Team.jpg" target="_blank" rel="noopener"><img class="wp-image-12931" src="https://newsroom.posco.com/en/wp-content/uploads/2017/09/The-Tuning-X-Team.jpg" alt="The Tuning X Team take home the Excellence Award for the electric vehicle category" width="680" height="383" srcset="https://newsroom.posco.com/en/wp-content/uploads/2017/09/The-Tuning-X-Team.jpg 960w, https://newsroom.posco.com/en/wp-content/uploads/2017/09/The-Tuning-X-Team-640x360.jpg 640w, https://newsroom.posco.com/en/wp-content/uploads/2017/09/The-Tuning-X-Team-800x450.jpg 800w, https://newsroom.posco.com/en/wp-content/uploads/2017/09/The-Tuning-X-Team-768x432.jpg 768w" sizes="(max-width: 680px) 100vw, 680px" /></a><p class="wp-caption-text">The Tuning X Team take home the Excellence Award for the electric vehicle category</p></div>
<p><span style="font-weight: 400;">The Steel Wire talked to Professor Yoon Jae-Gon, who led 10 members of the Tuning X to victory, to get an in-depth look into the winning electric vehicle. </span></p>
<h2><b>The Secret to Tuning X’s Success</b></h2>
<p><span style="font-weight: 400;">Like all other major automakers in the world, the biggest obstacle for the Tuning X team was lightweighting their electric vehicle, without compromising the performance of its battery. </span></p>
<p><span style="font-weight: 400;">Yoon said, “Electric cars are the future of the auto industry, but batteries have a short driving distance, so manufacturers are making batteries bigger and heavier (about 200 ~ 500kg). Despite these efforts, current electric vehicles weigh hundreds of kilograms and cannot go over several hundred kilometers on one charge.”</span></p>
<p><span style="font-weight: 400;">The motor engine is central to any electric vehicle. For the Tuning X team, they used an AC electric motor which requires a controller, adding more weight to the car. Thus, weight reduction from other sources was absolutely necessary. </span></p>
<p><span style="font-weight: 400;">How did the team make up for the extra weight?</span></p>
<p><span style="font-weight: 400;">“We applied magnesium plates for weight reduction to the floor, side, and rear panel of the EV cabin. POSCO’s technical seminars and the production skill training played a vital role. Through this preliminary training, we were able to reduce the number of trials and errors, produce the car in time and end up with the best results possible,” explained Yoon. </span></p>
<div id="attachment_12929" style="width: 690px" class="wp-caption aligncenter"><a href="https://newsroom.posco.com/en//wp-content/uploads/2017/09/POSCO’s-Manganese-Plate.jpg" target="_blank" rel="noopener"><img class="wp-image-12929" src="https://newsroom.posco.com/en//wp-content/uploads/2017/09/POSCO’s-Manganese-Plate-1024x575.jpg" alt="POSCO’s magnesium plate applied to the internal, driver side of the vehicle" width="680" height="382" srcset="https://newsroom.posco.com/en/wp-content/uploads/2017/09/POSCO’s-Manganese-Plate-1024x575.jpg 1024w, https://newsroom.posco.com/en/wp-content/uploads/2017/09/POSCO’s-Manganese-Plate-640x360.jpg 640w, https://newsroom.posco.com/en/wp-content/uploads/2017/09/POSCO’s-Manganese-Plate-800x449.jpg 800w, https://newsroom.posco.com/en/wp-content/uploads/2017/09/POSCO’s-Manganese-Plate-768x431.jpg 768w" sizes="(max-width: 680px) 100vw, 680px" /></a><p class="wp-caption-text">POSCO’s magnesium plate applied to the internal, driver side of the vehicle</p></div>
<p><span style="font-weight: 400;">The team had previously used aluminum, another popular lightweight material, but with the new magnesium plates, they achieved a 5 kilogram weight reduction, from 177 kilograms to 172 kilograms. Yoon added, “Magnesium also showed the same processability as aluminum, and did not require professional processing methods.”</span></p>
<p><span style="font-weight: 400;">Even as the champions, the team will work on improvements for next year, as defending champions. Their plans include increasing the use of magnesium. Yoon remarked, “If we have a chance, I would like to increase the use of magnesium by using the plates as a base and applying it to the mainframe, knuckle and road wheel in the future.”</span></p>
<h2><b>The Significance of Magnesium Applications In the Auto Industry</b></h2>
<p><span style="font-weight: 400;">According to Professor Yoon, lightweighting is a trend that is here to stay, especially with the rise of electric vehicles as the next-generation cars. The automotive industry accounts for nearly 25 percent of all greenhouse gas (GHG) emissions in the transportation sector and will face increasing emission reduction policies as countries try to battle climate change. </span></p>
<p><span style="font-weight: 400;">Lightweighting has numerous benefits in this regard, including increased fuel efficiency, reduced CO2 emissions, improved braking performance, increased acceleration, road protection, increased comfort, increased mileage and environmental sustainability. </span></p>
<p><span style="font-weight: 400;">Companies started off working to improve internal combustion engines, and the goal was to improve fuel efficiency through downsizing and the use of high-strength steels. Now, they are going further and pairing lightweight materials with electric batteries-the next-generation power source. </span></p>
<div id="attachment_12932" style="width: 690px" class="wp-caption aligncenter"><a href="https://newsroom.posco.com/en/wp-content/uploads/2017/09/Charging-Station.jpg" target="_blank" rel="noopener"><img class="wp-image-12932" src="https://newsroom.posco.com/en/wp-content/uploads/2017/09/Charging-Station-1024x669.jpg" alt="An electric vehicle charges at a newly-opened charging station in downtown Michigan" width="680" height="444" srcset="https://newsroom.posco.com/en/wp-content/uploads/2017/09/Charging-Station-1024x669.jpg 1024w, https://newsroom.posco.com/en/wp-content/uploads/2017/09/Charging-Station-800x523.jpg 800w, https://newsroom.posco.com/en/wp-content/uploads/2017/09/Charging-Station-768x502.jpg 768w" sizes="(max-width: 680px) 100vw, 680px" /></a><p class="wp-caption-text">An electric vehicle charges at a newly-opened charging station in downtown Michigan (Source: <a href="http://www.mlive.com/news/kalamazoo/index.ssf/2011/04/electric_vehicle_charging_stat.html" target="_blank" rel="noopener">Michigan Live</a>)</p></div>
<p><span style="font-weight: 400;">“The weight of the vehicle has the most direct effect on fuel consumption. The way to reduce the weight of the vehicle is to reduce the thickness of each part and to modularize the parts, but the most effective way is to lighten the parts through innovative materials. Aluminum, magnesium, and composites are important lightweight materials, and double magnesium alloys and composite materials can be positioned as future lightweight technology materials by improving the reliability of collapse characteristics, achieving economic manufacturing and assembly costs.”</span></p>
<p><span style="font-weight: 400;">“In addition, the magnesium alloy has been widely used in various fields such as transportation, aerospace, medical care and leisure with its wide marketability. With its light weight, it is possible to install additional safety devices that protect the safety of the driver and will be able to reduce social costs at the same time.” Added Yoon. </span></p>
<p><span style="font-weight: 400;">“I think that the most important advantage among the various advantages is the environmental contribution. This is because it is possible to reduce gas emissions during the manufacturing process of magnesium alloys and through improved fuel efficiency by lightweighting vehicles.”</span></p>
<p><span style="font-weight: 400;">Professor Yoon and the Tuning X Team have high expectations for magnesium as a lightweight material of the future. The team will incorporate more magnesium into their upcoming model, and Yoon believes magnesium has the potential to provide effective lightweighting solutions to more and more automakers in the near future. </span></p>
<p><span style="font-weight: 400;">POSCO will continue to support future automakers as well. Since 2016, POSCO has been supplying magnesium plates and extruded materials free of charge to the winners of the Formula and EV categories. Besides materials, POSCO provides training to make it easier for students to work with and magnesium materials to their cars. POSCO will continue to support student teams to build industry-academia collaborations and provide even more opportunities for students who are the car makers of tomorrow.</span></p>
<p><span style="font-weight: 400;">Cover photo courtesy of </span><a href="http://www.fstotal.com/the-stuttgart-approach-two-teams-two-winners/#prettyPhoto" target="_blank" rel="noopener"><span style="font-weight: 400;">FS Total</span></a><span style="font-weight: 400;">.</span></p>
<p>&nbsp;</p>
<p><strong><a href="https://newsroom.posco.com/en/subscribe/" target="_blank" rel="noopener"><b>Don</b><b><span lang="EN-US">’</span></b><b>t miss any of the exciting stories from The Steel Wire </b><b><span lang="EN-US">–</span></b><b> subscribe via email today</b></a>.</strong></p>
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					<item>
				<title>Going Autonomous: The Transformation of the Transportation Industry</title>
				<link>https://newsroom.posco.com/en/going-autonomous-transformation-transportation-industry/</link>
				<pubDate>Mon, 18 Sep 2017 10:00:54 +0000</pubDate>
				<dc:creator><![CDATA[posconews]]></dc:creator>
						<category><![CDATA[Steel Matters]]></category>
		<category><![CDATA[AI]]></category>
		<category><![CDATA[argo ai]]></category>
		<category><![CDATA[auto evolution]]></category>
		<category><![CDATA[auto industry]]></category>
		<category><![CDATA[automaker]]></category>
		<category><![CDATA[automobile]]></category>
		<category><![CDATA[autonomous]]></category>
		<category><![CDATA[autonomous airplane]]></category>
		<category><![CDATA[autonomous car]]></category>
		<category><![CDATA[autonomous cars]]></category>
		<category><![CDATA[autonomous transportation]]></category>
		<category><![CDATA[cruise automation]]></category>
		<category><![CDATA[driverless car]]></category>
		<category><![CDATA[eno centre for transportation]]></category>
		<category><![CDATA[fuel efficiency]]></category>
		<category><![CDATA[future car]]></category>
		<category><![CDATA[giga steel]]></category>
		<category><![CDATA[lightweight]]></category>
		<category><![CDATA[Lightweight Cars]]></category>
		<category><![CDATA[lightweight steel]]></category>
		<category><![CDATA[lightweight steel plate]]></category>
		<category><![CDATA[magna]]></category>
		<category><![CDATA[manufacturing]]></category>
		<category><![CDATA[market]]></category>
		<category><![CDATA[microsoft]]></category>
		<category><![CDATA[Next Future Transportation]]></category>
		<category><![CDATA[POSCO GIGA STEEL]]></category>
		<category><![CDATA[safety]]></category>
		<category><![CDATA[self-driving]]></category>
		<category><![CDATA[smart car]]></category>
		<category><![CDATA[steel industry]]></category>
		<category><![CDATA[technology]]></category>
		<category><![CDATA[transportation]]></category>
		<category><![CDATA[transportation industry]]></category>
		<category><![CDATA[travel]]></category>
		<category><![CDATA[vehicle]]></category>
									<description><![CDATA[Planes, trains, and automobiles — they have been the arteries of the transportation industry for a long time. These vehicles, along with other methods of]]></description>
																<content:encoded><![CDATA[<p><span style="font-weight: 400;">Planes, trains, and automobiles — they have been the arteries of the transportation industry for a long time. These vehicles, along with other methods of transportation, remain vital as autonomous transportation emerges in full.</span><span style="font-weight: 400;"><br />
</span><span style="font-weight: 400;"><br />
</span><span style="font-weight: 400;">Many people have heard of self-driving cars, but this is just one example of unmanned, autonomous transportation. Ferries, pods, drones, and other vehicles are all part of the innovative trend toward vehicles that operate on their own, providing great opportunities to companies looking to invest.</span></p>
<h2>Why Should People Care About Autonomous Transportation?</h2>
<p><span style="font-weight: 400;">Autonomous transportation is emerging across the world, from personal vehicles to Tesla’s proposed semi trucks that drive in convoy with a lead vehicle handling autonomous follow trucks. Intel is also planning to </span><a href="https://www.theverge.com/2017/8/9/16119000/intel-mobileye-self-driving-cars-level-4" target="_blank" rel="noopener"><span style="font-weight: 400;">test a fleet of one hundred autonomous cars </span></a><span style="font-weight: 400;">and Hyundai’s planning to </span><a href="https://www.forbes.com/sites/frankahrens/2017/08/11/hyundai-aims-to-show-its-ready-for-self-driving-olympics-at-pyeongchang/#557012357f59" target="_blank" rel="noopener"><span style="font-weight: 400;">showcase its self-driving technology</span></a><span style="font-weight: 400;"> at the biggest winter sports event of 2018.</span><span style="font-weight: 400;"><br />
</span><span style="font-weight: 400;"><br />
</span><span style="font-weight: 400;">While many have heard of self-driving cars and other road-based vehicles, it may come as a surprise to learn just how far technology has advanced in autonomous transportation. The Swiss bank </span><a href="https://www.ubs.com/ch/en.html" target="_blank" rel="noopener"><span style="font-weight: 400;">UBS</span></a><span style="font-weight: 400;">, suggests that </span><a href="https://www.cnbc.com/2017/08/07/pilotless-planes-could-save-airline-industry-billions-of-us-dollars-ubs-note.html" target="_blank" rel="noopener"><span style="font-weight: 400;">autonomous airplanes could be in place by 2025</span></a><span style="font-weight: 400;">, a feat that would save airlines $35 billion a year. Clearly, the benefits are drastic and it is becoming essential for companies to invest in making autonomous travel work.</span><span style="font-weight: 400;"><br />
</span><span style="font-weight: 400;"><br />
</span><span style="font-weight: 400;">Even further into the future, companies like </span><a href="http://www.next-future-mobility.com/" target="_blank" rel="noopener"><span style="font-weight: 400;">Next Future Transportation</span></a><span style="font-weight: 400;"> are envisioning pod travel, through which individual vehicles will autonomously transport people from point A to point B.</span></p>
<div id="attachment_12856" style="width: 1210px" class="wp-caption aligncenter"><a href="https://newsroom.posco.com/en/wp-content/uploads/2017/09/Next-Future-Transportations-Autonomous-Pods.jpg" target="_blank" rel="noopener"><img class="wp-image-12856 size-full" src="https://newsroom.posco.com/en/wp-content/uploads/2017/09/Next-Future-Transportations-Autonomous-Pods.jpg" alt="A man steps out of a Next Future Transportation autonomous pod" width="1200" height="800" srcset="https://newsroom.posco.com/en/wp-content/uploads/2017/09/Next-Future-Transportations-Autonomous-Pods.jpg 1200w, https://newsroom.posco.com/en/wp-content/uploads/2017/09/Next-Future-Transportations-Autonomous-Pods-800x533.jpg 800w, https://newsroom.posco.com/en/wp-content/uploads/2017/09/Next-Future-Transportations-Autonomous-Pods-768x512.jpg 768w, https://newsroom.posco.com/en/wp-content/uploads/2017/09/Next-Future-Transportations-Autonomous-Pods-1024x683.jpg 1024w" sizes="(max-width: 1200px) 100vw, 1200px" /></a><p class="wp-caption-text">Next Future Transportation’s autonomous pod (Source: <a href="http://www.next-future-mobility.com/analysis" target="_blank" rel="noopener">Next Future Transportation</a>)</p></div>
<p><span style="font-weight: 400;">No matter the type, the economic impact of autonomous transportation technology is unavoidable. Boston Consulting Group expects that the driverless car market will be worth </span><a href="https://www.fool.com/investing/2017/03/13/about-to-buy-driverless-car-stocks-read-this-first.aspx" target="_blank" rel="noopener"><span style="font-weight: 400;">$42 billion by 2025 and $77 billion by 2035</span></a><span style="font-weight: 400;">, and IHS suggests </span><a href="https://www.fool.com/investing/2017/03/13/about-to-buy-driverless-car-stocks-read-this-first.aspx" target="_blank" rel="noopener"><span style="font-weight: 400;">driverless car ubiquity will hit around 2050</span></a><span style="font-weight: 400;">. </span><span style="font-weight: 400;"><br />
</span><span style="font-weight: 400;"><br />
</span><span style="font-weight: 400;">In terms of what these automated vehicles offer to the public, the </span><a href="https://www.enotrans.org/wp-content/uploads/2015/09/AV-paper.pdf" target="_blank" rel="noopener"><span style="font-weight: 400;">Eno Centre for Transportation</span></a><span style="font-weight: 400;"> reports that if 90 percent of American roads were autonomous, </span><a href="http://www.businessinsider.com/advantages-of-driverless-cars-2016-6/#roads-will-be-safer-1" target="_blank" rel="noopener"><span style="font-weight: 400;">accidents would drop from 6 million a year to 1.3 million; deaths would fall from 33,000 to 11,300</span></a><span style="font-weight: 400;">. Add in better traffic conditions, higher fuel efficiency and extra time gained from not driving, and it’s easy to see why companies are taking notice of this tech sector.</span><span style="font-weight: 400;"><br />
</span><span style="font-weight: 400;"><br />
</span><b>Who is Investing in Autonomous Transportation?</b><span style="font-weight: 400;"><br />
</span><span style="font-weight: 400;">Autonomous transportation entails investment from various industries from materials to technology, and major players are making early moves. Tesla is a good example of a specialty vehicle company determined to see autonomous transportation become a worldwide reality. </span><span style="font-weight: 400;"><br />
</span><span style="font-weight: 400;"><br />
</span><span style="font-weight: 400;">Big names in traditional transportation are also jumping aboard. General Motors </span><a href="https://www.forbes.com/sites/alanohnsman/2017/04/04/gms-cruise-poised-to-add-1100-silicon-valley-autonomous-car-tech-jobs/#368a34d25cca" target="_blank" rel="noopener"><span style="font-weight: 400;">purchased Cruise Automation</span></a><span style="font-weight: 400;">, and Ford has </span><a href="https://www.theverge.com/2017/8/16/16155254/argo-ai-ford-self-driving-car-autonomous" target="_blank" rel="noopener"><span style="font-weight: 400;">invested in an AI startup, Argo AI</span></a><span style="font-weight: 400;">. Audi has </span><a href="https://techcrunch.com/2016/07/25/audi-setting-up-a-subsidiary-dedicated-to-self-driving-car-tech/" target="_blank" rel="noopener"><span style="font-weight: 400;">created a subsidiary</span></a><span style="font-weight: 400;">, the SDS Company, focused on self-driving technology, and BMW has </span><a href="https://www.reuters.com/article/us-continental-autonomous/continental-joins-bmw-intel-mobileye-platform-for-self-driving-cars-idUSKBN19B0TP" target="_blank" rel="noopener"><span style="font-weight: 400;">formed an alliance</span></a><span style="font-weight: 400;"> with Intel and Mobileye.</span><span style="font-weight: 400;"><br />
</span> <span style="font-weight: 400;"><br />
</span><span style="font-weight: 400;">There are also auto suppliers getting into this market, such as </span><a href="http://www.magna.com/" target="_blank" rel="noopener"><span style="font-weight: 400;">Magna</span></a><span style="font-weight: 400;">, a supplier that is manufacturing vehicles as well as providing the parts to help more traditional companies jump into automated vehicles.</span><span style="font-weight: 400;"><br />
</span><span style="font-weight: 400;"><br />
</span><span style="font-weight: 400;">Tech giants like Microsoft are getting involved, too, </span><a href="https://www.cnbc.com/2017/07/19/microsoft-baidu-team-up-for-self-driving-platform-apollo.html" target="_blank" rel="noopener"><span style="font-weight: 400;">collaborating with automakers</span></a><span style="font-weight: 400;"> to include their own technology in self-driving vehicles, as well as to research and develop automated transportation technology.</span><span style="font-weight: 400;"><br />
</span><span style="font-weight: 400;"><br />
</span><span style="font-weight: 400;">Whether companies are involved in creating the actual vehicles that will be automated, providing security and safety features, pursuing further research, or providing the materials needed to create these vehicles of the future, it is safe to say that this industry is growing rapidly.</span><span style="font-weight: 400;"><br />
</span><span style="font-weight: 400;"><br />
</span><b>Autonomous Transportation and the Steel Industry</b><span style="font-weight: 400;"><br />
</span><span style="font-weight: 400;">A shift toward autonomous transportation is good news for the steel industry. At first glance, it seems steel consumption will decrease as fewer car accidents will lead to less demand for repair parts and more room to use other materials for aesthetic purposes. However, demand for high-strength, premium steels that are highly sought after in traditional cars will continue to increase. </span></p>
<p><span style="font-weight: 400;">Materials like </span><a href="https://newsroom.posco.com/en/posco-giga-steel-opens-door-future-auto-industry/" target="_blank" rel="noopener"><span style="font-weight: 400;">POSCO GIGA STEEL</span></a><span style="font-weight: 400;"> provide greater strength and safety for automated vehicles, an important consideration when one considers a road full of cars driving themselves. While people may no longer be behind the wheel, they will want to know that their cars, and the cars around them, are made to the highest safety standards. Safety regulations for traditional cars are only getting tougher, and that won’t change with autonomous vehicles.</span></p>
<div id="attachment_12857" style="width: 1210px" class="wp-caption aligncenter"><a href="https://newsroom.posco.com/en/wp-content/uploads/2017/09/POSCO-GIGA-STEEL.jpg" target="_blank" rel="noopener"><img class="wp-image-12857" src="https://newsroom.posco.com/en/wp-content/uploads/2017/09/POSCO-GIGA-STEEL-1024x433.jpg" alt="POSCO’s PBC-EV made with POSCO GIGA STEEL on display" width="1200" height="508" srcset="https://newsroom.posco.com/en/wp-content/uploads/2017/09/POSCO-GIGA-STEEL-1024x433.jpg 1024w, https://newsroom.posco.com/en/wp-content/uploads/2017/09/POSCO-GIGA-STEEL-800x338.jpg 800w, https://newsroom.posco.com/en/wp-content/uploads/2017/09/POSCO-GIGA-STEEL-768x325.jpg 768w, https://newsroom.posco.com/en/wp-content/uploads/2017/09/POSCO-GIGA-STEEL.jpg 1300w" sizes="(max-width: 1200px) 100vw, 1200px" /></a><p class="wp-caption-text">POSCO’s PBC-EV made with POSCO GIGA STEEL</p></div>
<p><span style="font-weight: 400;">High-strength steel allows car makers to </span><a href="https://newsroom.posco.com/en/ask-expert-posco-giga-steel-frames-g4-rexton/" target="_blank" rel="noopener"><span style="font-weight: 400;">lightweight their vehicles without compromising safety</span></a><span style="font-weight: 400;">. POSCO GIGA STEEL’s </span><a href="https://newsroom.posco.com/en/auto-industry-finds-steel-solution-lightweighting/" target="_blank" rel="noopener"><span style="font-weight: 400;">lightweight properties</span></a><span style="font-weight: 400;"> make it a sustainable solution for automated vehicles that aim to leave a minimal carbon footprint and </span><a href="https://newsroom.posco.com/en/3-reasons-posco-giga-steel-ideal-automakers/" target="_blank" rel="noopener"><span style="font-weight: 400;">maximize fuel efficiency</span></a><span style="font-weight: 400;">. Even better, it is affordable; an important factor considering the overall cost of the technology and hardware that goes into automated vehicles.</span><span style="font-weight: 400;"><br />
</span><span style="font-weight: 400;"><br />
</span><span style="font-weight: 400;">The steel industry will also see a boost in the need for accompanying facilities for automated transportation, including manufacturing plants, parking structures, charging stations, smart roads and so on. While automated transportation may be high tech, there will be plenty of opportunities for those in the steel industry to provide material solutions to a rapidly growing market.</span></p>
<p><span style="font-weight: 400;">Cover photo courtesy of </span><a href="https://www.autoevolution.com/news/old-law-in-the-state-of-new-york-must-be-changed-to-enable-self-driving-cars-107966.html" target="_blank" rel="noopener"><span style="font-weight: 400;">Auto Evolution</span></a><span style="font-weight: 400;">.</span></p>
<p>&nbsp;</p>
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				<title>POSCO GIGA STEEL Offers Solutions for the Evolving Auto Industry</title>
				<link>https://newsroom.posco.com/en/posco-giga-steel-offers-solutions-evolving-auto-industry/</link>
				<pubDate>Wed, 12 Apr 2017 10:00:42 +0000</pubDate>
				<dc:creator><![CDATA[posconews]]></dc:creator>
						<category><![CDATA[Business]]></category>
		<category><![CDATA[advanced high strength steel]]></category>
		<category><![CDATA[AHSS]]></category>
		<category><![CDATA[aluminum]]></category>
		<category><![CDATA[auto manufacturers]]></category>
		<category><![CDATA[auto materials]]></category>
		<category><![CDATA[automaker]]></category>
		<category><![CDATA[automakers]]></category>
		<category><![CDATA[automobile expert]]></category>
		<category><![CDATA[automobile material]]></category>
		<category><![CDATA[automobile steel]]></category>
		<category><![CDATA[automotive industry]]></category>
		<category><![CDATA[automotive steel]]></category>
		<category><![CDATA[car manufacturer]]></category>
		<category><![CDATA[car steel]]></category>
		<category><![CDATA[carbon]]></category>
		<category><![CDATA[efficient cars]]></category>
		<category><![CDATA[fuel efficiency]]></category>
		<category><![CDATA[future cars]]></category>
		<category><![CDATA[giga steel]]></category>
		<category><![CDATA[high-strength steel]]></category>
		<category><![CDATA[lightweight]]></category>
		<category><![CDATA[lightweight steel]]></category>
		<category><![CDATA[material]]></category>
		<category><![CDATA[POSCO GIGA STEEL]]></category>
		<category><![CDATA[production]]></category>
		<category><![CDATA[safety]]></category>
		<category><![CDATA[sustainable]]></category>
		<category><![CDATA[sustainable car]]></category>
		<category><![CDATA[technology]]></category>
		<category><![CDATA[ultra high strength steel]]></category>
		<category><![CDATA[vehicle]]></category>
									<description><![CDATA[The auto industry is transforming itself to meet changing consumer demands and increasingly strict safety and fuel efficiency regulations. To do this,]]></description>
																<content:encoded><![CDATA[<p><span style="font-weight: 400;">The auto industry is transforming itself to meet changing consumer demands and increasingly strict safety and fuel efficiency regulations. To do this, automakers are searching for materials that are both lighter and stronger so that they can build safer and more efficient cars. As the world’s fourth largest steelmaker, POSCO provides advanced steel solutions to meet these challenges.  </span></p>
<p><span style="font-weight: 400;">POSCO’s innovations in steel technology have long supplied material solutions for the automotive industry. Last year, POSCO sold approximately 9 million tons of automotive steel sheets, accounting for </span><span style="font-weight: 400;">10% of the global automotive steel sheet market</span><span style="font-weight: 400;">. In 2017, POSCO’s focus on providing customers with the most advanced, high-quality steel continues with POSCO GIGA STEEL.</span></p>
<h2><b>POSCO GIGA STEEL, the Beginning of a New Era </b></h2>
<p><span style="font-weight: 400;">POSCO GIGA STEEL represents the apex of steel technology as it is lightweight, strong, and highly formable &#8211; exactly what automakers are looking for. Innovations in POSCO’s manufacturing processes reduce both its production emissions and price, making it a more sustainable and affordable option for car makers compared to other lightweight materials. See how POSCO GIGA STEEL is opening a new era for automotive steel in the video below.</span></p>
<p><iframe width="500" height="281" src="https://www.youtube.com/embed/AuibHcF8Jjs?feature=oembed" frameborder="0" allow="autoplay; encrypted-media" allowfullscreen></iframe></p>
<h2><b>POSCO GIGA STEEL Provides Strength &amp; Safety </b></h2>
<p><span style="font-weight: 400;">Automotive steel is categorized according to its tensile strength. POSCO GIGA STEELS fall into the highest category, which includes steels with a tensile strength rated at more than 1 GPa (Gigapascal), meaning it can withstand more than 100 kilograms-force per square millimeter. In the past, steels with tensile strength ratings this high have been problematic for automakers as they had low ductility and elongation properties. </span></p>
<p><span style="font-weight: 400;">What makes POSCO GIGA STEEL the ideal material for automakers is its ability to both bend and withstand an immense amount of weight and pressure. </span><span style="font-weight: 400;">POSCO’s ultra high strength giga steel has up to three times more formability than other types of comparable steel on the market, making it ideal for manufacturers.</span></p>
<p><span style="font-weight: 400;">A car’s safety can also be enhanced significantly when POSCO GIGA STEEL is applied to a vehicle’s BIW (body in white) or front and back bumpers. POSCO GIGA STEEL is not only strong but has exceptional shock absorption during impact. </span></p>
<p><span style="font-weight: 400;">The strength and safety of POSCO GIGA STEEL have been tested and proven to meet the industry’s strictest safety standards. The </span><a href="http://www.poscopac.com/eng/sub02/05_01.php" target="_blank" rel="noopener"><span style="font-weight: 400;">POSCO Body Concept-Electric Vehicle (PBC-EV)</span></a><span style="font-weight: 400;"> is a lightweight and safe car body for electric vehicles made with POSCO GIGA STEEL. In safety tests, </span><span style="font-weight: 400;">it received </span><a href="http://www.koreatimes.co.kr/www/news/biz/2017/02/123_205754.html" target="_blank" rel="noopener"><span style="font-weight: 400;">&#8220;five stars&#8221; from the Europe New Car Assessment Program</span></a><span style="font-weight: 400;"> and a &#8220;good&#8221; rating from the Insurance Institute for Highway Safety (IIHS) &#8211; the highest ratings one can receive from both organizations.</span></p>
<div id="attachment_10917" style="width: 650px" class="wp-caption aligncenter"><a href="https://newsroom.posco.com/en/wp-content/uploads/2017/03/7.-POSCO-PCB-electric-vehicle-design.jpg" target="_blank" rel="noopener"><img class="wp-image-10917 size-large" src="https://newsroom.posco.com/en/wp-content/uploads/2017/03/7.-POSCO-PCB-electric-vehicle-design-1024x433.jpg" alt="POSCO’s PBC-EV made with GIGA STEEL is both safe and lightweight." width="640" height="271" srcset="https://newsroom.posco.com/en/wp-content/uploads/2017/03/7.-POSCO-PCB-electric-vehicle-design-1024x433.jpg 1024w, https://newsroom.posco.com/en/wp-content/uploads/2017/03/7.-POSCO-PCB-electric-vehicle-design-800x338.jpg 800w, https://newsroom.posco.com/en/wp-content/uploads/2017/03/7.-POSCO-PCB-electric-vehicle-design-768x325.jpg 768w, https://newsroom.posco.com/en/wp-content/uploads/2017/03/7.-POSCO-PCB-electric-vehicle-design.jpg 1300w" sizes="(max-width: 640px) 100vw, 640px" /></a><p class="wp-caption-text">POSCO’s PBC-EV made with POSCO GIGA STEEL is both safe and lightweight.</p></div>
<h2><b>POSCO GIGA STEEL Helps Deliver Lightweight &amp; Sustainable Cars</b></h2>
<p><span style="font-weight: 400;">Strict regulations on fuel efficiency and carbon emissions continue to push automakers to look for </span><span style="font-weight: 400;">lighter materials to reduce the overall weight of vehicles</span><span style="font-weight: 400;">. However, because stricter safety regulations typically require using heavier body parts, automakers are looking for both strong and light materials to build their cars. <span style="color: #000000;">L</span></span><span style="color: #000000;">ightweight solutions can be found in some alternative materials, such as aluminum and carbon fiber composites, <a href="https://newsroom.posco.com/en/auto-industry-finds-steel-solution-lightweighting/" target="_blank" rel="noopener">but there are some drawbacks</a>. For example, although POSCO GIGA STEEL is heavier than aluminum (when measuring equal parts area and thickness), it is more than three times stronger. Therefore, less of it is needed to manufacture products that are as light or lighter than those made with aluminum.</span></p>
<p>Car bodies manufactured with POSCO GIGA STEEL and other advanced high strength steels could see a <a href="http://www.poscopac.com/eng/sub02/05_01.php">26% reduction in total weight</a> when compared to cars of the same size with internal combustion engines. Considering that the average body weight of medium-sized cars in the early 2000’s was 280-300 kg, this is a remarkable achievement for automakers today.</p>
<p><span style="font-weight: 400;">Also, based on its life cycle assessment measuring carbon dioxide emissions from production to recycling, POSCO GIGA STEEL performs remarkably well as an eco-friendly material. According to the </span><a href="https://www.worldsteel.org/" target="_blank" rel="noopener"><span style="font-weight: 400;">World Steel Association</span></a><span style="font-weight: 400;">, steel emits 2.0 to 2.5 kg of carbon emissions when producing 1 kg of material while aluminum emits 11 to 12.6 kg when producing the same amount. Even after production, cumulative greenhouse gas emissions of vehicles made with steel is 10% lower when looking at the full life cycle.</span></p>
<h2><b>POSCO GIGA STEEL Offers an Affordable Option</b></h2>
<p><span style="font-weight: 400;">In automotive lightweighting, a reverse correlation often exists between price and weight. Lighter materials are typically more expensive and heavier materials usually have a lower price. POSCO GIGA STEEL helps bridge this gap by producing automotive steel that is both lightweight and cost-effective.  </span></p>
<p><span style="font-weight: 400;">Body parts made of POSCO GIGA STEEL can see significant cost savings. Alternative materials like aluminum can cost anywhere from 2.1 to 3.5 times more than POSCO GIGA STEEL. Additionally, current market prices of alternative materials are not expected to decrease over the next ten years.</span></p>
<p><span style="font-weight: 400;">Facing increasingly strict regulations, POSCO GIGA STEEL offers an ideal choice for automakers to build stronger, lighter, and more sustainable cars. According to POSCO Research Institute (POSRI), advanced high-strength steels (AHSS) like POSCO GIGA STEEL should see increased demand, accounting for 69% of total steel plates by 2023.</span></p>
<p>&nbsp;</p>
<p><span style="font-weight: 400;">Throughout April &amp; May, </span><i><span style="font-weight: 400;">The Steel Wire</span></i><span style="font-weight: 400;"> will explore how POSCO is leading the automotive steel market with its innovative steel products like POSCO GIGA STEEL. </span><strong><a href="https://newsroom.posco.com/en/subscribe/" target="_blank" rel="noopener"><b>Don</b><b><span lang="EN-US"><span lang="EN-US">’</span></span></b><b>t miss any of the exciting stories from The Steel Wire </b><b><span lang="EN-US"><span lang="EN-US">–</span></span></b><b> subscribe via email today</b></a>. </strong></p>
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				<title>Magnesium&#8217;s Durability Proves It&#8217;s an Element for All Seasons</title>
				<link>https://newsroom.posco.com/en/nature-steel-magnesium-element-seasons/</link>
				<pubDate>Wed, 08 Jun 2016 15:39:07 +0000</pubDate>
				<dc:creator><![CDATA[posconews]]></dc:creator>
						<category><![CDATA[Steel Matters]]></category>
		<category><![CDATA[alloy]]></category>
		<category><![CDATA[aluminum]]></category>
		<category><![CDATA[automobile industry]]></category>
		<category><![CDATA[carbon]]></category>
		<category><![CDATA[cars]]></category>
		<category><![CDATA[EOLAB]]></category>
		<category><![CDATA[fuel efficiency]]></category>
		<category><![CDATA[magnesium]]></category>
		<category><![CDATA[metal]]></category>
		<category><![CDATA[POSCO]]></category>
		<category><![CDATA[steel]]></category>
		<category><![CDATA[The steel wire]]></category>
									<description><![CDATA[Magnesium is one of the most abundant resources on earth, commonly found in seawater and the earth’s crust. It is a key element for life, needed for]]></description>
																<content:encoded><![CDATA[<p>Magnesium is one of the most abundant resources on earth, commonly found in seawater and the earth’s crust. It is a key element for life, needed for photosynthesis in plants and for hundreds of enzymes in animals. But in the natural world, the shiny gray metal exists only in combination with other elements such as carbon or oxygen and is difficult to extract in its purest form.</p>
<p><img class="aligncenter size-full wp-image-8918" src="https://newsroom.posco.com/en/wp-content/uploads/2016/06/1300x550_GettyImages-480696655.jpg" alt="From Nature to Steel, Magnesium Is an Element for All Seasons" width="1300" height="550" srcset="https://newsroom.posco.com/en/wp-content/uploads/2016/06/1300x550_GettyImages-480696655.jpg 1300w, https://newsroom.posco.com/en/wp-content/uploads/2016/06/1300x550_GettyImages-480696655-300x127.jpg 300w, https://newsroom.posco.com/en/wp-content/uploads/2016/06/1300x550_GettyImages-480696655-1024x433.jpg 1024w" sizes="(max-width: 1300px) 100vw, 1300px" /></p>
<p>Magnesium was first purified in the 19th century, but wasn’t widely utilized until much later due to the metal’s flammability and corrosive nature, and its difficult refinement process. In its early days, scientists took advantage of its bright white combustibility to make military star shells for illuminating battlefields and flash effects for photography.</p>
<p>Despite its highly flammable nature, though, magnesium has turned out to be very useful for making alloys with other metals. These compounds are able to retain magnesium’s light weight but also offer greater strength and resistance to corrosion. These days, the biggest uses of magnesium are in aluminum alloys (which accounts for nearly one-third of all magnesium demand), die castings, titanium refining and steel desulphurization.</p>
<p>&nbsp;</p>
<p><strong>Magnesium in Electronics</strong></p>
<p>When it comes to IT gadgets that require portability and durability, magnesium alloys can help minimize mass while maintaining sturdiness. Increasingly more plastic parts in electronic devices are being replaced by magnesium alloys that essentially weigh the same, but are much stronger and durable. This is especially useful for appliances that benefit from weight reduction, such as cameras, cell phones, laptops and other small electronics.</p>
<p><img class="aligncenter size-full wp-image-8919" src="https://newsroom.posco.com/en/wp-content/uploads/2016/06/1300x550_pg5_01.jpg" alt="From Nature to Steel, Magnesium Is an Element for All Seasons" width="1300" height="550" srcset="https://newsroom.posco.com/en/wp-content/uploads/2016/06/1300x550_pg5_01.jpg 1300w, https://newsroom.posco.com/en/wp-content/uploads/2016/06/1300x550_pg5_01-800x338.jpg 800w, https://newsroom.posco.com/en/wp-content/uploads/2016/06/1300x550_pg5_01-768x325.jpg 768w, https://newsroom.posco.com/en/wp-content/uploads/2016/06/1300x550_pg5_01-1024x433.jpg 1024w" sizes="(max-width: 1300px) 100vw, 1300px" /></p>
<p>For example, POSCO’s carbon and magnesium alloy was used throughout the body of the LG Gram 15 laptop, successfully contributing to making it the lightest 15-inch laptop in the market. It was widely recognized for its high level of durability, despite its light weight.</p>
<p><strong> </strong></p>
<p><strong>Magnesium in the Automobile Industry</strong></p>
<p>Magnesium wasn’t a very widely used element in the automobile industry in the past, avoided by engineers and designers because of its combustibility. But modern advancements have made magnesium safer than ever, allowing manufacturers to embrace it for its potential to increase fuel efficiency by reducing the vehicle weight. In fact, lightweight car body materials that use magnesium are often preferred over their heavier steel and aluminum counterparts.</p>
<p><img class="aligncenter size-full wp-image-8920" src="https://newsroom.posco.com/en/wp-content/uploads/2016/06/1300x550_pg5_02.jpg" alt="From Nature to Steel, Magnesium Is an Element for All Seasons" width="1300" height="550" srcset="https://newsroom.posco.com/en/wp-content/uploads/2016/06/1300x550_pg5_02.jpg 1300w, https://newsroom.posco.com/en/wp-content/uploads/2016/06/1300x550_pg5_02-800x338.jpg 800w, https://newsroom.posco.com/en/wp-content/uploads/2016/06/1300x550_pg5_02-768x325.jpg 768w, https://newsroom.posco.com/en/wp-content/uploads/2016/06/1300x550_pg5_02-1024x433.jpg 1024w" sizes="(max-width: 1300px) 100vw, 1300px" /></p>
<p>Magnesium alloys are most commonly used for the chassis, in the interior (like for the seat base, console bracket and instrument panel), for the exterior (roof and frame, outside mirror armature and wheel frame) and for the powertrain. Magnesium alloys can also help reduce noise and vibrations compared to typical metals.</p>
<p><img class="aligncenter size-full wp-image-8916" src="https://newsroom.posco.com/en//wp-content/uploads/2016/06/1300x550_르노삼성-2015-서울모터쇼_이오랩eolab-1.jpg" alt="From Nature to Steel, Magnesium Is an Element for All Seasons" width="1300" height="550" srcset="https://newsroom.posco.com/en/wp-content/uploads/2016/06/1300x550_르노삼성-2015-서울모터쇼_이오랩eolab-1.jpg 1300w, https://newsroom.posco.com/en/wp-content/uploads/2016/06/1300x550_르노삼성-2015-서울모터쇼_이오랩eolab-1-800x338.jpg 800w, https://newsroom.posco.com/en/wp-content/uploads/2016/06/1300x550_르노삼성-2015-서울모터쇼_이오랩eolab-1-768x325.jpg 768w, https://newsroom.posco.com/en/wp-content/uploads/2016/06/1300x550_르노삼성-2015-서울모터쇼_이오랩eolab-1-1024x433.jpg 1024w" sizes="(max-width: 1300px) 100vw, 1300px" /></p>
<p>When the new hybrid car <a href="https://newsroom.posco.com/en/renaults-eolab-shines-2015-seoul-motor-show/" target="_blank">Renault EOLAB</a> made its debut in 2014, its fuel efficiency was rated one of the best in the industry, able to run 100 kilometers on a liter of gas. The vehicle’s roof was made out of POSCO’s magnesium alloy, which decreased the total roof weight by more than half of the original. The magnesium alloy has also been used in the roof of the Porsche 911 GT3 RS, contributing to its light weight and better fuel efficiency.</p>
<p>POSCO continues to look for various ways to improve fuel efficiency in cars by developing technologies that can safely utilize magnesium alloys for the automobile industry.</p>
<p>&nbsp;</p>
<p><strong>POSCO and Magnesium</strong></p>
<p>With the rise in demand for sustainable, recyclable and lightweight products, magnesium is proving to be the ideal material to utilize in more ways than one. POSCO has been at the forefront of developing magnesium sheet technologies, continually conducting research and looking to make advancements. Since last year, POSCO has emphasized minimizing costs and further developing magnesium materials. Currently, the company is involved in many solution marketing activities such as creating magnesium car parts.</p>
<p>&nbsp;</p>
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				<title>Nine Lives, Unlimited Possibilities of Recyclable Steel</title>
				<link>https://newsroom.posco.com/en/unlimited-possibilities-of-steel/</link>
				<pubDate>Thu, 05 Mar 2015 18:07:11 +0000</pubDate>
				<dc:creator><![CDATA[posconews]]></dc:creator>
						<category><![CDATA[Steel Matters]]></category>
		<category><![CDATA[2014 Paris Motor Show]]></category>
		<category><![CDATA[cars]]></category>
		<category><![CDATA[ecofriendly]]></category>
		<category><![CDATA[economic cycle]]></category>
		<category><![CDATA[environment]]></category>
		<category><![CDATA[EOLAB]]></category>
		<category><![CDATA[fuel efficiency]]></category>
		<category><![CDATA[future]]></category>
		<category><![CDATA[infographic]]></category>
		<category><![CDATA[Infographic Cars]]></category>
		<category><![CDATA[infographic steel]]></category>
		<category><![CDATA[material]]></category>
		<category><![CDATA[Nine Lives]]></category>
		<category><![CDATA[POSCO]]></category>
		<category><![CDATA[recycled steel]]></category>
		<category><![CDATA[recycling]]></category>
		<category><![CDATA[steel]]></category>
		<category><![CDATA[steel cars]]></category>
		<category><![CDATA[technology]]></category>
		<category><![CDATA[TheRealManOfSteel]]></category>
		<category><![CDATA[World Steel Association]]></category>
		<category><![CDATA[worldsteel]]></category>
		<category><![CDATA[zero emissions]]></category>
									<description><![CDATA[Although an unlikely pairing, there’s something that steel and cats have in common: nine lives. In an infographic posted by the World Steel Association]]></description>
																<content:encoded><![CDATA[<p>Although an unlikely pairing, there’s something that steel and cats have in common: nine lives. In an infographic posted by the World Steel Association (worldsteel), steel travels from airplanes to cars and even down to your toaster – making it the most recyclable-friendly material ever. In fact, steel has unlimited recyclable capabilities. Here is more information about the nine lives of steel.</p>
<p><span style="color: #3366ff; font-size: 12pt; background-color: #ffffff;"><strong>Steel Everywhere! Steel in Our Daily Lives</strong></span></p>
<p>It is hard not to use recycled steel every day. Can you imagine cutting steak with a plastic knife? We unconsciously use recycled steel, which is often revived in watches, canned food, cars, containers, rollercoasters and more. We use steel in different forms every day and we’re sometimes not even aware we’re using it. Wherever you go, you will find steel! Steel’s recycling qualities are not only unlimited, but the material has a variety of ways it can be reused.</p>
<p><a href="https://newsroom.posco.com/en/wp-content/uploads/2014/12/Picture43.png"><img class="aligncenter wp-image-5539 size-large" src="https://newsroom.posco.com/en/wp-content/uploads/2014/12/Picture43-1024x692.png" alt="Picture4" width="640" height="433" /></a></p>
<p style="text-align: center;">&lt;Click <a href="https://newsroom.posco.com/en/steel-packaging-real-man-steel/">here</a> to find out why steel is called &#8220;The &#8216;Real&#8217; Man of Steel&#8221;&gt;</p>
<p><span style="color: #3366ff; font-size: 12pt;"><strong>What Can We Do With Recycled Steel?</strong></span></p>
<p>Steel’s wide range of recyclability allows us to have effective and efficient lives. In some cases, it can also help protect the environment. The story the infographic by worldsteel describes tells us about how recycled steel helps both us and the Earth.</p>
<p style="text-align: center;"><a href="https://newsroom.posco.com/en/wp-content/uploads/2015/03/Nine-lives-of-steel_web.jpg"><img class="aligncenter size-full wp-image-5905" src="https://newsroom.posco.com/en/wp-content/uploads/2015/03/Nine-lives-of-steel_web.jpg" alt="Nine-lives-of-steel_web" width="400" height="1770" srcset="https://newsroom.posco.com/en/wp-content/uploads/2015/03/Nine-lives-of-steel_web.jpg 400w, https://newsroom.posco.com/en/wp-content/uploads/2015/03/Nine-lives-of-steel_web-181x800.jpg 181w" sizes="(max-width: 400px) 100vw, 400px" /></a></p>
<p style="text-align: center;">&lt;Click <a href="http://www.worldsteel.org/media-centre/Steel-news/Infographic.html">here</a> to download Infographic&gt;</p>
<p>Cars made with recycled steel can be reborn as nine different useful products. Steel recycling does not stop there, as it continues to transform into various products via endless re-recycling. What’s interesting about recycled steel is that it saves our time, lives, and even our planet. Cars made with recycled steel are lighter, cleaner and more efficient. They emit less emissions and save us money at the pump.</p>
<p><span style="color: #3366ff; font-size: 12pt;"><strong>Less is More – And For the Better</strong></span></p>
<p>Steel and automobiles are best friends. It is hard to make cars without steel. Compared to the past, customers now prefer lighter cars because they are lighter, have lower fuel consumption, and are simply more efficient. Even more interesting is that lighter cars are more environmental friendly. Also – and most importantly – as cars become lighter, they reduce fuel consumption and use less steel to reach fuel efficiency standards.</p>
<p>The less steel in cars, the better! As illustrated by the <a href="https://newsroom.posco.com/en/2014-paris-motor-show-posco-1-lightweight-steel-plates-renaults-concept-car/">2014 Paris Motor Show</a>, manufacturers are moving toward economical and practical vehicles with low fuel consumption and close to zero emissions. Part of the <a href="https://newsroom.posco.com/en/whats-dream-car-tomorrow/">new concepts of the cars of tomorrow</a> take account lighter steel plates and the <a href="https://newsroom.posco.com/en/steel-circular-economy-life-cycle-perspective/">economic cycle of steel</a>.</p>
<p style="text-align: center;"><a href="https://newsroom.posco.com/en/wp-content/uploads/2014/10/21.png"><img class="aligncenter wp-image-5159 size-large" src="https://newsroom.posco.com/en/wp-content/uploads/2014/10/21-1024x683.png" alt="2" width="640" height="427" srcset="https://newsroom.posco.com/en/wp-content/uploads/2014/10/21-1024x683.png 1024w, https://newsroom.posco.com/en/wp-content/uploads/2014/10/21-800x534.png 800w, https://newsroom.posco.com/en/wp-content/uploads/2014/10/21-768x513.png 768w, https://newsroom.posco.com/en/wp-content/uploads/2014/10/21.png 1242w" sizes="(max-width: 640px) 100vw, 640px" /></a></p>
<p style="text-align: center;">&lt;Click <a href="https://newsroom.posco.com/en/2014-paris-motor-show-posco-1-lightweight-steel-plates-renaults-concept-car/">here</a> to read about &#8220;POSCO’s Advanced High Strength Steels In Renault ‘EOLAB’ Concept Car&#8221;&gt;</p>
<p>It is rather interesting to see how various ways steel can be used as technology grows and industries develop. It will be even more interesting to see how steel will be incorporated into our lives in the future and even today.</p>
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