2023-09-22
What is clear to us is that not only us, but our customers are going through an accelerated transformation phase, which means that we should prepare for fundamental changes in the design and materials requirements of steel-containing products going forward. For this reason, the global steel industry should:
Study the potential impact of megatrends on design and materials requirements of steel-users and on the competitive position of steel
Continue to invest in the development of new products, processes and solutions that meet the key challenges steel-users are facing
Invest in the development of necessary data and tools to promote the sustainable potential of steel products
Focus on the use of lifecycle assessment as a strategic tool to demonstrate steel’s best in class environmental performance
Partner up with steel consumers as a solutions provider
Explore partnerships with competing materials supplying industries to innovate higher performance multi-material solutions that meet steel user’s changing requirements better
Connect with new players and demonstrate the material advantages of steel in addressing their key challenges.
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