




Speaking at the Eurometal Steel Day & YISAD Flat Steel Conference held at the Istanbul Marriott Hotel Asia on Tuesday, March 24, in cooperation with SteelOrbis, Cosmin Bakai, global director of raw material supply chain development at automotive safety components manufacturer Autoliv, stated that the European automotive components sector is under pressure from rising Chinese competition, increasing imports and geopolitical uncertainties. Mr. Bakai indicated that global light vehicle production is expected to grow by around 1.3 percent by 2030, while growth in Europe will remain much more limited, with the market generally displaying a stagnant outlook. Cosmin Bakai: China is steadily increasing its share in the global automotive market, leaving Europe under pressure






































