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31 Aug
06:32

Hyundai gains hot stamping technology from Arcelormittal

South Korea steelmaker Hyundai Steel has entered into a licensing agreement with ArcelorMittal on the use of hot stamping products and processes, making it the first producer to get this technology in South Korea, Kallanish notes. Hyundai Steel said in July it had signed a patent authorisation letter with ArcelorMittal, which holds the patent for the hot stamping technology. After this agreement comes into effect, Hyundai Steel's hot stamping products can…
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