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In this sixth automotive video episode you will learn more about how VAMA, our joint-venture facility in China, completes ArcelorMittal's automotive worldwide footprint.
China now has the world's fastest-growing automotive market and is expected to account for 35 per cent of worldwide automotive growth by 2020. To meet the rise in demand for Advanced High Strength Steels, ArcelorMittal recently inaugurated a greenfield state-of-the-art steel facility in China through a joint venture with Valin Steel.
"The most advanced technology has been extended to VAMA, which ideally positions the company to provide auto manufacturers with greater flexibility to produce lighter, safer and more environmentally friendly cars for customers inChina.”
Mr Lakshmi Mittal
The iPhone 6 of automotive steel
“It’s been fascinating to be part of the team that built this colossal plant from scratch. Despite some language challenges and cultural differences, the team pulled together and production was officially kicked off as expected on 15 June 2014," comments VAMA's Chief Technology Officer Jurgen Cobbaut, who is proud of what has been achieved: "We have built world-class facilities with the latest technical capabilities, able to provide the best solutions for global auto customers in producing advanced high strength steels, including Usibor®, which is the iPhone 6 of automotive steel.”
Mr Lakshmi Mittal (right), Chairman and CEO of ArcelorMittal and Mr Sanjay Sharma, CEO of VAMA, visiting the new steel plant
VAMA – our automotive joint venture with Hunan Valin Iron & Steel Co – has been a game-changer in more than one way: