Metal Markets Foresee Auto Recovery of Demand as 2021 Progresses

June 30, 2021 13:35:33

Global economies are slowly recovering from the effects of the coronavirus pandemic, and with economies reopening comes expectations that automotive production will also return to normal. However, for this to happen, the semiconductor shortage that has kept most automotive plants from resuming operations will have to end.

This may happen soon, as market participants expect the demand of vehicles as well as their production to increase significantly in the second half of this year…

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