Metals Benefit from Electric Vehicles
In separate stories, steel and aluminum anticipate benefits from electric vehicles. Thyssenkrupp believes they will see a boost from the auto industry’s move toward electric vehicles. Reuters reported this story.
At least in part due to the shift to electric for London’s black (Hackney) cabs, Sapa SA reopened their aluminum plant in Wales. Sapa was assisted financially by the Welsh government in their effort to reopen the plant, which closed in 2014, and restore 130 jobs. Check out that story.