The contribution of steel to society
In many applications, steel makes an important contribution to preserving resources and lowering emissions. In the automotive industry, for example, the European steel producers have developed a wide range of high-strength steels which allow car bodies to be designed using thinner materials. These are therefore lighter and make the vehicles more fuel-efficient while maintaining the high safety levels and full recyclability.
In the energy industry, steel is an indispensable material in wind turbines, solar power systems and hydroelectric power stations, which generate energy from renewable sources. When it comes to transporting and distributing electricity, special grades such as electrical steel ensure 99 percent efficiency.