As the leading supplier of hot stamping material in China, Valin ArcelorMittal Automotive Steel Co., Ltd. (VAMA) announced the new base price of its patented Usibor®1500 material for the first half of 2020.
In the first half of 2020, the base price of Usibor®1500 Ex Works VAMA is adjusted to RMB 9,650 per ton before VAT. Additional charges will be applied for specific dimension, coating, surface treatment, tolerances, package, coil weight, transportation and financial cost.
The new base price is based on rising price of raw material such as iron ore, as well as the rising price of alloy.
VAMA is committed to serving the Chinese auto market with advanced automotive steel products and integrated solutions to help customers achieve the challenging goals of light weight, energy saving and emission reduction. The new generation of Hot Stamping Material has been successfully developed and are available for homologation and sale.
The new base price will take effect from January 2020.
Should you or your suppliers have any questions regarding the scope of our patents and our licensing policy, feel free to contact your sales representative from VAMA or send an e-mail to email@example.com.
China Will Become the World's Most Stringent Market for Passenger Vehicles by 2025The Breakthrough in Steel Battery Pack Technology for EVs Catches Attention
Source: China Daily
▲ Valin ArcelorMittal Automotive Steel’s CEO Fernando Ribeiro Teixeira. provided to china daily
Valin ArcelorMittal Automotive Steel (VAMA), located at the economic zone of Loudi in Hunan province, is a joint venture between Hunan Valin Steel and one of the world’s largest steel-making company ArcelorMittal. It is a state-of-the-art automotive steel production facility with an annual capacity of 1.5 million metric tons. VAMA produces world-class, advanced high-strength steel. This helps carmakers to reduce vehicle weight, lower emissions and enhance passenger safety. VAMA’s CEO Fernando Ribeiro Teixeira recently sat down with China Daily to give his thoughts on the company’s future growth in China.
What has VAMA done to differentiate itself from its competitors?
VAMA has a deep understanding of the automotive steel industry and is committed to providing the most advanced comprehensive steel solutions.
With ArcelorMittal’s technology know-how and global resources such as 12 R&D centers and 1,300 professionals worldwide, VAMA is bringing cutting-edge technology to China and delivering leading comprehensive steel solutions to the market with unique ultrahigh strength steel and a full range of steel capacities.
By introducing Early Vendor Involvement across all stages of a vehicle’s life, VAMA will help customers to meet the requirements and challenges from the industry, shorten the R&D phase to achieve Body in White weight lightening, cost reduction and performance enhancement, and thus increase competitiveness.
VAMA also works together with GONVVAMA’s four plants in China and sets up satellite offices in major auto hubs to provide an extensive network of tailor-made local services.
How does VAMA reinvest in the community and the environment?
VAMA is devoted to working with Chinese automakers to elevate China’s automotive manufacturing to a new level. Our mission is to make sure everybody in China can afford a car that is safe.
As a responsible company, VAMA is also committed to meeting both Chinese and global standards in disposal of toxins and waste, fire prevention, recycling and reducing pollution. VAMA’s plant complies with emission standards required by China’s environmental law implemented on Jan 1, 2015.
Since its founding, VAMA and its subsidiaries have served as a bridge between China and Luxembourg. What do you think of the Belt and Road Initiative?
The initiative will benefit countries involved in technology exchanges and expanding markets. It will also bring development opportunities to the automotive industry.
The initiative will enlarge the market prospects and encourage Chinese automotive manufacturers to “go global”. With ArcelorMittal’s extensive industry experiences and close cooperation with global R&D professionals, VAMA is positioned to provide world-class products and services and comprehensive steel solutions to help Chinese automakers to meet targets and the market requirements of China and abroad.
To answer the BRI’s call for technological innovation and industrial upgrading, especially in the new energy vehicles, VAMA will evolve range of automotive advanced high-strength steels by reducing the weight to reduce environmental harm, enhance safety, support trends and drive innovation in the industry.
Source: China Automotive News
[Switzerland, Jan. 24th]On the 2019 World Economic Forum that just finished, Mr. Zeng Qinghong, Chairman of GAC met with industry and politic leaders from all over the world to discuss for opportunities of GAC business in the oversea market. In the morning of Jan 24th, Mr. Zeng Qinghong met with Mr. LakshmiN.Mittal, Chairman and CEO of ArcelorMittal, and Mr. Geert Poelvoorde, EVP of ArcelorMittal and CEO of ArcelorMittal Europe, discussed on the current cooperation between GAC and VAMA – ArcelorMittal’s Joint Venture in China, and the future cooperation based on the lightweight and NEV automotive strategy.
▲Zeng Qinghong,Chairman of GAC(second from left) met with LakshmiN.Mittal, Chairman and CEO of ArcelorMittal(second from right)
ArcelorMittal is the biggest steel supplier to Toyota, Honda and Fiat Chrysler worldwide, and has been working with GAC for a long time. With the progress of “one belt one road” strategy, in answer to the “going abroad” call out of Chinese government, lots of Chinese carmakers has been playing an important role in the global automotive industry with innovations and technology development. VAMA is aiming to be the solid partner to the Chinese carmakers in its oversea market development, through the world class production and advanced steel solutions that allows carmaker to fulfill the global standard.
2018 is known as the first year of NEV. Almost all countries with big automotive manufacture volume released their own schedule on the retirement of fuel vehicles. On the other hand, carmakers are all eager to win the leadership of the NEV competition. The first 200,000 manufacture capacity of GAC NEV AI Factory was finished construction in Dec.23rd 2018, with declared a new chapter of GAC’s NEV business. Supported by ArcelorMittal global R&D and EVI team in China, VAMA is also prepared for the lightweight, battery case solutions for NEV design.
One of the biggest challenge for NEV is the weight reduction as it will impact the mileage of the vehicle directly. That’s why most of the BIW solutions are focusing on the lightweight and crush performance. The door ring solution designed by ArcelorMittal has extraordinary performance on both weight reduction and safety enhancement. The upcoming GAC Honda Acrura RDX 2019 with an inner-outer door ring system is the best proof for that. The weight of BIW was reduced by 19kg comparing with the previous model. On the other hand, the steel battery box that for lightweight would also be a safety solution at the same time.
One world One dream. As the benchmark of manufacture, automotive industry will be in the forefront of the globalization, building a safer and environmental future with world class product and high level service.