Steel enjoys an unsurpassed wide range of properties: first of all its stiffness-strength-formability relationship contributes to featuring steel a high potential as versatile light-weight construction material. In this respect it pays to use steel, its price cannot be undercut without accepting compromises. This is topped by additional gains comprising high availability, reliability, excellent manufacturability and recyclability. Steel enjoys great popularity amongst designers, most of them are very familiar with it. In intermaterial competition, steel may not win in every single discipline, but steel is the undisputed champion in multi-discipline jobs. This makes steel an indispensable material.