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AK Steel Introduces Family of Next Generation High Strength Steels
WEST CHESTER, Ohio–AK Steel recently announced that it has launched NexmetTM, an innovative family of high strength steels for use in automotive light-weighting applications. The products are specifically designed to assist automotive original equipment manufacturers (OEMs) in meeting 2025 U.S. Corporate Average Fuel Economy (CAFE) targets.
"We are excited about the opportunities NEXMET 440EX offers automotive designers in their efforts to lightweight vehicles," said Roger K. Newport, CEO of AK Steel, in a press release. "This product is yet another important part of AK Steel’s strategy to offer innovative products for our customers."
AK Steel is a major producer of flat-rolled carbon, stainless, and electrical steel products, and carbon and stainless tubular products, primarily for the automotive, infrastructure and manufacturing, construction, and electrical power generation and distribution markets. AK Steel is headquartered in West Chester, Ohio, near Cincinnati. The company employs approximately 8,500 men and women at eight steel plants, two coke plants, and two tube manufacturing plants across six states.
AK Steel’s Nexmet products offer high strength, greater ductility (elongation), and improved formability for a range of needs for structural and exterior automotive body light-weighting uses, the company reported in a press release.
Nexmet 440EX is the company’s first new steel to be launched in this line. The new exposed surface quality product combines high yield and tensile strength at thinner gauges to facilitate lightweight designs. This is said to result in enhanced performance where surface appearance and dent resistance are critical. Nexmet 440EX is currently available and is being qualified by automotive OEMs as a steel for exposed body panel light-weighting needs, AK Steel reported.
AK Steel will launch its next generation advanced high strength steel (AHSS) products, Nexmet 1000 and 1200, in early 2017, following completion of upgrades at AK Steel’s Dearborn Works hot dip galvanized line. These AHSS steels will reportedly offer significantly improved ductility at tensile strengths of 1000 megapascals (MPa) and 1200 MPa, and will be used to help lightweight automotive body structures.
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