CORUS AND SALZGITTER ANNOUNCE JOINT PRODUCT DEVELOPMENT OF HIGH STRENGTH AND DUCTILITY (HSD)-STEELS

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CORUS AND SALZGITTER ANNOUNCE JOINT PRODUCT DEVELOPMENT OF HIGH STRENGTH AND DUCTILITY (HSD)-STEELS
03 November 2005 - Corus Automotive

Automotive chassis and crash structures will benefit from mass reduction and improved impact resistance with High Strength and Ductility (HSD)-steels.

Corus and Salzgitter have announced that both companies have formalized their efforts on joint product development co-operation in the area of High Strength and Ductility (HSD)-steels based on high manganese content. Corus and Salzgitter have been working together on identifying opportunities for the application of High Strength and Ductility (HSD)-steels in selected market sectors such as automotive and engineering. The performance of these High Strength and Ductility (HSD)-steels is superior to conventional steels, with strength levels of 600 to 1400 MPa corresponding with elongations of 70 to 20%, respectively. In this co-operation both companies will share complementary R&D expertise to develop and optimize these products. The new (HSD)-grades will be developed for a variety of applications. These refer in particular to parts with complex geometrical structure combined with high strength requirements, such as sophisticated components for mechanical engineering applications. In the Automotive sector substantial benefits can be achieved by mass reduction, improved crash resistance, and by providing the automotive engineer with enhanced design freedom. Timing and availability of products and applications will be included in progress updates that will be provided in the course of 2006.

Rauke Henstra, Executive Director, Strip Products for Corus, said, "We are pleased and excited that both Corus and Salzgitter, who have been working together on identifying opportunities for the application of High Strength and Ductility will continue the efforts on this programme". Hans Fischer, Chairman of the executive board from Salzgitter Stahl GmbH, said: "We are happy and proud that Salzgitter and Corus are working together in the development of a new generation of steels which will help our customers to realize their future innovations"

http://www.corusautomotive.com

About: Corus Automotive
Corus is one of the leading suppliers of steel products, services and technology to the automotive industry. A broad range of Corus steel from strip, engineering steels, special strip and tubes are used to make products that go into automotive applications including body-in-white, closures, chassis and suspension systems, powertrain, seats, safety systems and other components. Corus is committed to the global automotive industry, and, uniquely, combines its materials and vehicle engineering knowledge to respond cost-effectively to key drivers of importance to the sector, such as safety, fuel-efficiency, innovation and the environment. The Company actively supports supply chain initiatives that improve efficiency and enhance the value of steel used in automotive applications.

Corus Group Plc is one of the world's largest metal producers with an annual turnover of £8 billion and major operating facilities in the UK, the Netherlands, Germany, France, Norway and Belgium. Corus' four divisions comprising Strip Products, Long Products, Distribution & Building Systems and Aluminium provide innovative solutions to the construction, automotive, packaging, mechanical engineering and other markets worldwide. Corus has 48,500 employees in over 40 countries and sales offices and service centres worldwide. Combining international expertise with local customer service, the Corus brand represents quality and strength.

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