Federmeccanica sounds alarm about shortage of raw materials

Short supplies could halt 21% of Italy's metalworking firms

(ANSA) - ROME, SEP 15 - Italian metalworking association Federmeccanica on Wednesday sounded the alarm about major problems being caused by the shortage of raw materials.
    It said in a report that 72% of its members were having difficulty obtaining metal supplies because of market scarcity.
    It said this could lead to 21% of the firms having to interrupt production.
    On a positive note, Federmeccanica said output by Italian metalworking firms increased by 2.1% in the second quarter with respect to the previous three months, taking production back up to the level of before the COVID-19 pandemic. (ANSA).


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