Aluminum extruders eye 2013 uptick

Dec 20, 2012 | 02:19 PM | Suzy Waite

Tags  aluminum, extrusion, billet, building and construction, automotive, extrusion demand, billet, Alcoa ABI

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-markets—notably truck trailer—could experience a slowdown in growth.

"I’m expecting 2013 to be good, provided the fiscal cliff gets resolved. It won’t be great, but it will be good," an extruder said.

"We’re 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.....





Latest Pricing Trends

Poll

Are you stocking more inventory today than 18 months ago?

Yes
No


View previous results