After Steel Shortage in Steel Mills Affects the Oil Industry, Auto Plants May Halt Due to Lack of Material

Written by Flavia Marinho

Published on 08/12/2020 at 13:06

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Not Only The Oil Industry Was Affected By The Steel Shortage, After The Increase In November, Car Factories May Stop Due To Lack Of Inputs

After the steel shortage impacted the oil industry, vehicle production is about to be interrupted in Brazil due to lack of inputs, especially steel. According to Luiz Carlos Moraes, president of Anfavea (the automakers’ association), the risk is immediate. Looking for a job? UFRJ Offers 500 Job Opportunities, Internships, and Trainee Positions For Engineers Until Thursday (10/12)

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“The situation is becoming more concerning, the risk of a shutdown in December is very high due to the lack of inputs, especially steel”, said the executive during the presentation of the sector’s data in November. There is also a shortage of tires and thermoplastics.

According to the president of Anfavea, short stoppages have already occurred. The consequence shows in the available stock, the lowest since March 2004.

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After Steel Shortage in Steel Mills Affects the Oil Industry, Auto Plants May Halt Due to Lack of Material

Not Only The Oil Industry Was Affected By The Steel Shortage, After The Increase In November, Car Factories May Stop Due To Lack Of Inputs

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Read Also

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