Aluminum extruders eye 2013 uptick
Dec 20, 2012 | 02:19 PM
| Suzy Waite
LONDON Aluminum extrusion demand is expected to grow in the range of 6 to 10 percent in 2013, market participants and analysts said, although they cautioned that some end-marketsnotably truck trailercould experience a slowdown in growth.
"Im expecting 2013 to be good, provided the fiscal cliff gets resolved. It wont be great, but it will be good," an extruder said.
"Were projecting 7- to 10-percent growth (for extrusions overall)," a second extruder told AMM.
Automotive is one sector that will experience an uptick, but not nearly at the same breakneck pace as this year, sources said.
"(Auto) sales have had a very strong recovery out of the recession. This is typical in the first few years of a recovery, when there is some snap back in big-ticket items like cars," Davenport & Co. LLC research analyst Tim Hayes said. "We expect that growth rate to slow next year."
Still, Richmond, Va.-based Davenport is forecasting an 11.3-percent gain in automotive extrusion shipments to 442 million pounds in 2013 from 397 million pounds this year.....
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