From input cost to high demand, what’s fuelling auto sector’s growth?
2023-09-03
The slowdown in China and weak global macroeconomics led the commodity price to decline. From this year’s high, China’s spot steel HRC prices is down by 13%. Similarly, spot LME zinc, copper, and aluminium are down 31%, 10%, and 18%, respectively, while palladium (key battery raw material) is down 32%. Read More →