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Car boom to boost metals demand next year

Boom postponed is a simple way to describe what’s happening in the market for new cars and while that might not seem to be a factor in the market for metals, it is, and when conditions start to normalise next year, there could be a fresh commodity price surge.

Car boom to boost metals demand next year Car boom to boost metals demand next year Car boom to boost metals demand next year Car boom to boost metals demand next year Car boom to boost metals demand next year

COVID has played a role in putting a lid on the vehicle market by gumming up trade flows. A shortage of computer chips is another reason for new cars being in short supply.

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