Battle lines are drawn by US Steel, Alcoa: steel versus aluminium for the cars of the future

摘要

With fuel efficiency an increasingly assertive imperative, the market share commanded by steel and by aluminium in automobile manufacturing is largely a matter of the relative weight, cost, malleability and strength of the two metals. Writing in the investors' newsletter Motley Fool, David Lee Smith noted that, in their rivalry over business from the world of automobile design, US Steel Corp and the aluminium giant Alcoa are seeking to attract "the scads of engineers" - 1,300 new hires at Alcoa in the past year alone - who will provide the edge in the metal-on-metal competition.