LIVONIA, MI – Prices are not the only thing going up in the steel industry, so are the levels of investment in weight-saving products to keep the material competitive against aluminum and help auto makers meet strict new fuel-economy regulations. “Cars will be lighter whether we make them out of steel or not,” says Dean Kanelos, an automotive development metallurgist at steel maker Nucor. “As an industry, we must demonstrate a way to do it or we’ll be out of the market,” he tells Ward’s ...

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