AK Steel Receives DOE Research Money

By on March 21, 2019 in IN THE NEWS

AK Steel will be receiving up to $1.2 million from the U.S. Department of Energy’s (DOE) Office of Energy Efficiency and Renewable Energy’s (EERE) Advanced Manufacturing Office program. The company will investigate innovative low-density steels in the laboratory, which could ultimately be used in automotive-structural applications.

The three-year project will be conducted in collaboration with the DOE, Oak Ridge National Laboratory Materials Science and Technology Division and the Advanced Steel Processing and Products Research Center in the Department of Metallurgical and Materials Engineering at the Colorado School of Mines. The objective of the project is to conduct alloy design, laboratory validation and testing of low-density steels that are alternatives to currently available advanced high-strength steels and other lightweight metals. These low-density steels are expected to generate energy savings by bringing efficiencies in manufacturing and lifetime savings in automotive structural applications.

“Research into products such as low-density steel alloys continues to showcase the capability of steel to provide innovative solutions for our customers and the breadth of opportunity for further steel innovations,” said Roger K. Newport, chief executive officer of AK Steel.

This DOE funding was created to allow selected projects to perform early-stage research and development (R&D) of new, advanced manufacturing technologies, as well as to encourage R&D contributions from new partners.