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21 Apr
15:51

Hi-end coil material pulls standard products down

A lack of demand from carmakers for coil products typically used for automotive purposes is tracing through to standard products, pulling down prices in that segment as well, market players tell Kallanish. Just after recovering from the coronavirus shock, carmakers reduced their production last year due to the lack of semiconductor chips. This has been badly aggravated by the Ukraine war and the many supply shortages it has caused. According to an Austrian manager…
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