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The Automotive Applications Council of AISI's Steel Market Development Institute (SMDI) announced today that it has selected the BMW X6 research and development team as the winner of its annual Automotive Excellence Award. The team was selected for its cost-effective use of ultra high-strength steels that meet new market demands for safety, fuel efficiency and emission standards. The award was presented today at the Great Designs in Steel seminar in Livonia, Mich. Full story...