Recovering Airlines Could Lift Aluminum Demand
Few would argue that semiconductor shortages have hampered automotive output. Earlier in the year, automakers temporarily shuttered factories, cutting into output. According to Toyota, it would slash worldwide vehicle production by 40% in September because of the shortage. Globally, the market lost some 2 million vehicles due to chip shortages. As a result, automotive aluminum demand took a hit this year. While producers lost out in that premium sector, consumers in the wider industrial landscape... Читать дальше...