New breakthrough steel with high strength and high formability

NanoSteel®, a leader in nanostructured steel materials, and the company’s joint development launch partner, AK Steel Corporation, have won the Platts Global Metals “Breakthrough Solution of the Year” Award.

The Platts Global Metals Award recognizes the product’s groundbreaking properties, which offer the combination of both high strength (1200 MPa) and high formability (50% elongation), exceeding the third generation advanced high strength steel (AHSS) target set by automakers. The strength properties enable the design of parts with thinner gauges that reduce weight and the formability properties enable component designs with unique geometries for increased stiffness. Exceptional elongation also allows automakers to use existing manufacturing infrastructure without additional capital investment and operator re-training.