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Steel News

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Home Steel News North America to have automobile production loss of 2.06 million units in 2021
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North America to have automobile production loss of 2.06 million units in 2021

30 Sep 2021 14:51 reported by Joy Liu

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Due to the COVID-19-related restrictions and supply chain issues, automakers in North America are facing production problems due to the shortage of semiconductors and other materials, leading to a production loss of at least 2.06 million units of automobiles this year.

Moreover, the loss in production might be related to the steel consumption of more than 2 million short tons, of which 1.52 million short tons are plates. Besides, around 501,000 short tons of aluminum consumption will be reduced due to the lost production as well.

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Metal Price Index

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