Double control of energy consumption in China causes a chain reaction: magnesium stocks in Europe may be depleted within weeks and the recovery of the global auto industry faces a new crisis.

Telah Terbit: Oct 20, 2021 13:09
[double control of energy consumption in China causes a chain reaction: magnesium stocks in Europe may run out of global auto industry recovery faces a new crisis.] at a time when the global auto industry has not yet come out of the shadow of "lack of core", there is a new risk: magnesium deficiency. Magnesium stocks in Europe have fallen to extremely dangerous levels because of restrictions on magnesium production in China. Magnesium is the key raw material for the production of aluminum alloy, which is widely used in automobile gearbox, steering column, seat frame, fuel tank cover and so on. This means that if magnesium production is delayed, the global auto industry will once again face the risk of massive shutdowns.

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