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Mazda and Nippon Steel Partner to Cut Costs via Joint Material Orders

The automaker and steel producer plan early-stage collaboration in vehicle body design to streamline steel procurement and lower expenses.

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Terms & Concepts
  • Steel Material Procurement: The process of acquiring steel for manufacturing, which can be optimized through bulk orders and supplier partnerships.
  • Vehicle Body Development: The design and engineering phase focused on the structure and exterior components of automobiles.