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Metal markets predict US auto demand recovery in second half of 2020

From fastmarkets.com

The chip shortage has disrupted automotive production worldwide this year, with many automotive plants globally still offline while automakers scramble to secure chips, including in North America. Some market participants expect major improvement in vehicle production and demand during the second half of 2021 Aluminium In the United States, aluminium market participants expect strong automotive demand in the second half of the year, with an aluminium producer telling Fastmarkets that his buyers see the automotive industry recovering in the second half of 2021. “Customers are saying auto manufacturers want to keep the ... (full story)

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  • Category: Fundamental Analysis