Market development lobby push for rejuvenation of steel wheels
On 2 August the Steel Market Development Institute’s (SMDI) Wheels Task Force announced plans to begin a lightweight high-strength steel wheel development project, with a “cost-effective design and manufacturing” process. As well as developing the next generation of steel wheel products, it appears that the group also wants to rejuvenate the OE steel wheel market that has faced strong competition from cast and forged aluminium alternatives in recent years. Project results are expected in the Autumn.