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BS-VI Emission Auto Norms May Lead To Higher Strength Steel - SSAB

Steel News - Published on Fri, 14 Jun 2019

Image Source: Livemint
Mneycontrol reported that the Bharat Stage-VI or BS-VI emission norm for auto companies, to come into effect from April 2020, has opened up an opportunity for steelmakers, especially those that make highly specialized steel products. The report quoted Mr Sharad Rastogi, Country Manager for SSAB in India, as saying that "The overall numbers may be small, but if you imagine the numbers of trucks made in India or the requirement India has for concrete pumps, excavators, concrete mixers…then the scope is immense. More structural steel should be replaced with specialized steel.”

It has added an element of competition in a segment that may be small in size but comes with better margins and has products that are premium. In the fray are multinational companies such as Sweden's SSAB, Japan's JFE and Nippon-Sumitomo, and domestic players, Essar Steel and JSPL.

BS-VI norms will make vehicles heavier, as auto manufacturers bring in changes to meet emission standards. For instance, tipper trucks will become heavier by three tonnes. This will not just impact the fuel efficiency of the truck, but will also lead to higher wear and tear and lower loads too. But it's possible to overcome these hurdles with specialized steel or to be more precise, with steel that has a strength of over 700 megapascals in industry jargon.

The same tipper truck that meets BS-VI norms, if made with specialised steel, will not be heavier by three tons, but by 2.2 or 2.4 tons. Saving that much in weight is crucial, despite the higher cost of steel.

Source :

Posted By : Rabi Wangkhem on Fri, 14 Jun 2019
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