Is the Push for Electric Vehicles Outpacing Market Readiness? ...Middle East

Economy by : (OILPRICE) -
Via Metal Miner  All components of the Automotive MMI moved sideways or down month-on-month. Moreover, January saw prices flatten out across the steel market, causing hot-dipped galvanized steel prices to trend close to support zones. Meanwhile, China’s wavering economy continues to prove a concern for global markets because the country is such a large steel demand driver. Many fear that if HDG demand were to drop too much within China, it could impact global demand overall. Therefore, HDG buyers for vehicle manufacturers should to keep…

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