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19 Oct
16:26

Automotive industry depends on energy prices, inflation: worldsteel

The global automotive industry’s recovery continued during the first half of 2022 amid the headwinds largely related to Covid-19 restrictions in China and lingering supply chain disruptions, says worldsteel.   In the US, light vehicle production is poised for continued upward movement provided supply bottlenecks continue to ease, even as the broader manufacturing sector slows sharply. In South Korea, auto production is expected to show growth as the l…
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