Providence, Rhode Island-based NanoSteel Company, a leader in nano-structured steel materials design, announced Monday the development of new advanced high-strength steels (AHSS). Nano Steel has developed three classes of steel with measured strength/elongation performance of 950 MPa/35 percent, 1200 MPa/30 percent and 1600 MPa/15 percent, respectively.
NanoSteel's innovation gives automakers additional ways to use steel in the pursuit of lighter vehicles with better fuel economy without compromising safety. It also allows the auto industry to continue to utilize steel's existing infrastructure, scale and efficiencies versus switching to other light-weighting materials which may have higher costs, longer cycle times and limited availability. NanoSteel's new AHSS utilizes conventional steel processes and avoids the use of exotic alloying elements.