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Iron Ore to Automotive Steel Value Chain

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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.

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