The U.S. Department of Transportation (DOT), the U.S. Environmental Protection Agency (EPA), and the California Air Resource Board (CARB) took the first step in the mid-term evaluation of the National Program for greenhouse gas emissions and fuel economy standards for light duty cars and trucks by releasing a draft Technical Assessment Report (TAR) for public comment.
Nucor Corporation announced is forming a 50/50 joint venture with JFE Steel Corporation of Japan to build and operate a plant in central Mexico to supply that country’s automotive market. The plant is expected to have a cost of $270 million and a capacity of 400,000 tons per year of galvanized sheet steel.
Americans scrap 10 to 12 million vehicles per year, fueling a $20 billion-plus industry in recycled automotive steel, copper, plastic, glass and rubber.
The Steel Market Development Institute (SMDI), a business unit of the American Iron and Steel Institute (AISI), shared results of a study, “The Importance of the Production Phase in Vehicle Life Cycle GHG Emissions.”