AK Steel Receives Award from U.S. Department of Energy High Performance Computing for Materials Program
July 18 2019 - 2:30PM
AK Steel (NYSE: AKS) announced today that it has accepted an award
from the U.S. Department of Energy (DOE) High Performance Computing
for Materials (HPC4Mtls) Program.
Researchers from AK Steel plan to work in
collaboration with DOE’s Oak Ridge National Laboratory to develop
microstructure-based transformation models to predict austenite
stability in high strength steels in a project titled
“Thermo-Mechanical Forming Process Development to Produce Tailored
Strength Automotive Structural Components.” The project will
be funded by DOE’s Office of Energy Efficiency and Renewable
Energy’s (EERE) Vehicle Technologies Office.
“AK Steel is proud to have the opportunity to
collaborate with the DOE and the HPC4Mtls Program to develop
mathematical models that could enable the production of automotive
components with properties tailored to meet the demanding
performance requirements of the future,” said Roger K. Newport,
Chief Executive Officer of AK Steel. “This is another
outstanding example of the important work and collaboration of our
AK Steel experts to drive continued innovation in steelmaking.”
This is the fourth recent award AK Steel has
received from EERE to support innovative steel research. The three
earlier awards were funded by EERE’s Advanced Manufacturing Office.
The first, awarded in 2017, focused on manufacturing new
steels that provide increased efficiency in high-frequency electric
motors, and a second award in 2018 focused on low density steels
that could ultimately be used in automotive structural
applications. The third, awarded earlier this year, focused
on leveraging high performance computing from Lawrence Livermore
National Laboratory for hot rolling steel research. All four
awards underscore AK Steel’s innovation and commitment to being a
leader in next generation steel product and process
development.
AK SteelAK Steel is a leading producer of
flat-rolled carbon, stainless and electrical steel products,
primarily for the automotive, infrastructure and manufacturing,
including electrical power, and distributors and converters
markets. Through its subsidiaries, the company also provides
customer solutions with carbon and stainless steel tubing products,
die design and tooling, and hot- and cold-stamped components.
Headquartered in West Chester, Ohio (Greater Cincinnati), the
company has approximately 9,500 employees at manufacturing
operations in the United States, Canada and Mexico, and facilities
in Western Europe. Additional information about AK Steel is
available at www.aksteel.com.
Contacts: Media – Lisa H. Jester, Corporate Manager,
Communications and Public Relations (513) 425-2510 Investors –
Douglas O. Mitterholzer, General Manager, Investor Relations (513)
425-5215
AK Steel (NYSE:AKS)
Historical Stock Chart
From Apr 2024 to May 2024
AK Steel (NYSE:AKS)
Historical Stock Chart
From May 2023 to May 2024
Real-Time news about AK Steel Holding Corp (New York Stock Exchange): 0 recent articles
More News Articles