North American Auto Assemblies Slip in November

North American auto assemblies declined by 6.2% in November, reversing the nearly 3% increase in October. Last month’s assembly output was among the lowest totals year-to-date (YTD) and just 3.7% higher year-on-year (YoY), according to LMC Automotive data.

Though the market remains supply-constrained due to ongoing parts and supply shortages, November’s downgraded production continued to highlight the ongoing ebb and flow auto assemblies have seen for most of 2022.

David Schollaert

David Schollaert is a senior analyst for Steel Market Update. David joined SMU after more than a decade in the metals and mining industry in a myriad of different roles. Much of his early experience and expertise were within the coverage and analysis of steel-making raw materials and served previously as senior editor of the CRU Prices Service. Most recently, however, before his return to market analysis, David held roles as a metals buyer and an operations manager for raw material suppliers. Based in CRU’s Pittsburgh office, David can be reached at david@steelmarketupdate.com or 724-720-1008.

David Schollaert

Latest in Steel Mills

ArcelorMittal plans new Calvert mill without JV partner

Raw Steel Production Edges Up Again: AISI

USW Gives Cliffs Its Right To Bid on U.S. Steel

U.S. Steel Gives USW Some Assurances in Sales Process

Analysts Weigh in on Potential Sale of U.S. Steel