Iron Ore to Automotive Steel Value Chain
Iron-based materials (primarily various steel grades) used in automotive manufacturing offermultiple irreplaceable advantages, particularly in safety performance, cost-effectiveness,manufacturing process maturity, and sustainability. Steel maintains an unshakable coreposition in auto production. The evolution toward steel-aluminum hybrid body structurescoupled with advancements in hot-stamped steel technology continuously balances safetyrequirements, cost efficiency, and environmental considerations.