Currently, around half of China’s total steel capacity is owned by the 10 biggest steel firms; the government aims to bring this to 60% by 2015. Also by 2015, targets call for 90% of automobile production and 90% of aluminum production to be done by the 10 largest firms in their respective industries. Furthermore, steel mills will not be permitted to build new capacity in 47 large cities, including [...]

In one of the first uses of AHSS for automotive skin panels, POSCO is supplying Hyundai with an exposed quality advanced high strength steel with 490 MPa minimum tensile strength. Hyundai was able to reduce the mass of the door by 7%, since this higher strength steel allowed for use of a thinner sheet while maintaining dent resistance. http://www.posco.co.kr/homepage/docs/eng2/jsp/prcenter/news/s91c1010025v.jsp?idx=2103