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14 Apr
14:13

Ukraine war to delay automotive sector recovery: worldsteel

The expected recovery of the global auto industry is still being hampered by the microchip shortage. The situation was expected to ease by the second half of this year; however, the war in Ukraine is likely to delay the return to normal of the supply chain, especially in Europe. So said worldsteel director general Edwin Basson during Thursday’s short-range outlook conference attended by Kallanish. “Last year was disappointing for the automotive sector.…
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