Wyomissing, Pennsylvania-based specialty steel producer and distributor Carpenter Technology Corporation announced Wednesday the completion of a formal cooperation agreement with Pittsburgh, Pennsylvania-based US Steel for the development of a new "lightweighting" steel for automotive applications.
Carpenter's patented alloy, TEMPER TOUGHTM specialized steel alloy, is designed for use in flat-roll automotive applications, as well as other demanding applications. Originally designed for the aerospace industry, the new alloy may help automotive manufacturers meet recently mandated Corporate Average Fuel Requirement (CAF) standards by lightweighting vehicles through mass reduction. TEMPER TOUGHTM specialized steel alloy also offers extraordinarily high-strength and ductility attributes that support ever-increasing safety requirements to be designed into critical automotive support end-uses, according to a statement from Carpenter.
US Steel will develop the grade through its operational footprint.