Automakers Are Struggling To Secure Steel Supply

Via AG Metal Miner  The MetalMiner Automotive MMI dropped substantially in October, dipping by 9.08%. Manufacturing limitations due to energy shortages and smelter shutdowns remain the ongoing trend in car manufacturing. However, consumer demand for cars, especially in the US, still holds firm. This leaves many in the automotive industry trying to find a balance between available supplies and consumer demand. Car Manufacturing Fighting the Odds Smelter shutdowns in China and Europe are impacting the production of the steel used to fashion…