Steel Market Development Institute says AHSS fastest growing automotive material.
Over the past three years, the amount of advanced high-strength steel (AHSS) used each year in automotive applications has been 10 percent higher than forecasted by Ducker Worldwide, the Steel Market Development Institute (SMDI) announced. SMDI is a business unit of the American Iron and Steel Institute (AISI).
According to a study conducted by Ducker Worldwide, AHSS continues its growth trajectory with approximately 254 pounds per vehicle in 2014, surpassing estimates in 2010 for 2014 by over 20 pounds per vehicle.
“The trend toward higher than expected use of AHSS