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IPMI and Industry News: Industry News

Palladium Buyers Bracing for ‘Supply Shock’

Friday, March 15, 2019  
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Fiat Recall Leaves Palladium Buyers Bracing for ‘Supply Shock’

Fiat Chrysler Automobiles NV’s recall of almost 862,520 gasoline-fueled vehicles could spur additional demand for the palladium market that’s already reeling from shortages. Replacing the catalytic converters in these vehicles would require an additional 77,000 ounces of palladium, said Miguel Perez-Santalla, sales and marketing manager at refiner Heraeus Metals New York LLC. - Bloomberg 03/15/2019

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