) said that its Tailored Blanks unit has joined forces with
leading welding systems maker ANDRITZ Soutec to roll out laser
welding technology globally. ANDRITZ Soutec specializes in laser
and rolled seam resistance welding systems for a host of
AK STEEL HLDG (AKS): Free Stock Analysis
ARCELOR MITTAL (MT): Free Stock Analysis
WORTHINGTON IND (WOR): Free Stock Analysis
UTD STATES STL (X): Free Stock Analysis
To read this article on Zacks.com click here.
The collaboration will roll out a patented laser ablation
technology developed by ArcelorMittal. This advanced technology
is used to weld Usibor, a steel specially designed for hot
stamping. The partnership will expand the availability of laser
welding for hot stamping steels. Demand for hot stamping steels
is on the rise as automakers look to reduce car weight and make
them fuel efficient and safer.
ArcelorMittal's cutting-edge hot stamping products - Usibor and
Ductibor - are delivered with an aluminium-silicon coating that
protects car parts during heat treatment as well as against
corrosion. But without laser ablation, the weld may become
fragile and subject to corrosion.
In the laser ablation process, the aluminium-silicon coating is
removed from the surface near the weld by vaporization utilizing
the latest high energy lasers, and subsequently laser welded.
ArcelorMittal's partial ablation process offers a superior weld
and protection vis-à-vis other ablation technologies.
Hot stamping steel solutions are ideal to bolster the strength of
steel to make thinner and lighter steel parts while sustaining or
improving the same crash performance. Laser welded blanks (LWBs)
help auto manufactures to make cars lighter and improve safety.
LWBs and hot stamping are a perfect combination for
lightweighting the most challenging car parts.
The hot stamped LWBs market is growing at a fast clip and, for
the automotive industry, it is important to make sure that this
technology is available globally. The collaboration between
ArcelorMittal and ANDRITZ Soutec will allow an upgrade to the
existing welding lines using the ablation technology licensed by
ArcelorMittal is expanding its steel-making capacity and raw
materials self-sufficiency through a combination of brownfield
growth, new greenfield projects and acquisition opportunities,
mainly in emerging markets. The company is also progressing with
its mining growth projects and is on track to boost iron ore
production capacity in its own mines to 84 million tons by 2015.
However, ArcelorMittal continues to grapple with challenging
conditions in Europe. Recovery in the demand environment is
expected to be sluggish in the region this year. The company is
also exposed to volatility in steel pricing.
ArcelorMittal is a Zacks Rank #3 (Hold) stock.
Other companies in the steel and related industries with
favorable Zacks Rank are
AK Steel Holding Corporation
United States Steel Corp.
Worthington Industries, Inc.
). While AK Steel holds a Zacks Rank #1 (Strong Buy), both United
States Steel and Worthington Industries retain a Zacks Rank #2