13,122.58 TRY BIST 100 BIST 100
56.17 EUR EUR EUR
48.67 USD USD USD
7.30 CNY CNY CNY
0.13 CNY CNY/EUR CNY/EUR
41.17 TRY Interest Interest
104.36 USD Fossil Oil Fossil Oil
6.54 USD Copper Copper
99.78 TRY Silver Silver
95.89 USD Iron Ore Iron Ore
377.25 USD Shipbreaking Scrap Shipbreaking Scrap
6,089.00 TRY Gold (gr) Gold (gr)
95.00 USD Iron Ore 61% Fe Iron Ore 61% Fe

Hyundai and Kia cut production at the USA factories

South Korean automakers Hyundai and Kia are cutting production at their the USA plants for another week as the semiconductor shortage (chip problem) continues to put pressure on the industry.

Hyundai and Kia cut production at the USA factories

Hyundai began reducing production at its sedan and sports utility vehicle factory in Alabama earlier this week. It expects to resume full production on August 30. The company had experienced similar production declines in the previous week.

Kia is cutting one shift of its three shifts at its sedan and compact commercial vehicle factory in Georgia from August 30 to September 3. It is expected to return to full production after the September 7 Labor Day holiday.

This is the latest announcement of production losses in the North American auto industry.

AutoForecast Solutions increased its forecast for North American vehicle production in 2021 to over 2 million lost, threatened or salvageable this week.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

China’s industrial production accelerated in August

Thursday, September 17, 2026

Algeria commissions 950-km railway line to Gara Djebilet iron ore mine

Thursday, September 17, 2026

Daily iron ore analysis | September 17, 2026

Thursday, September 17, 2026

Google and Stegra sign agreement for low-emission steel

Thursday, September 17, 2026

U.S. Steel Košice to commission new EAF in 2030

Thursday, September 17, 2026
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now