Novelis eyes closed loop for auto sheet scrap
Dec 28, 2012 | 11:49 AM
| Daniel Fitzgerald
Tags
Novelis,
Derek Prichett,
aluminum scrap,
automotive aluminum,
closed-loop recycling,
Daniel Fitzgerald
NEW YORK — Novelis Inc. is looking to set up closed-loop scrap supply chains with its North American automotive aluminum customers to meet an anticipated increase in automotive sheet demand in 2013.
Derek Prichett, vice president of global recycling at the Atlanta-based company, told AMM that the company sees "a similar model to the way that the can sheet business works."
"The story in the North American market is the rapid growth in auto demand. That’s obviously going to drive increased sales of flat-rolled sheet, but it will also drive the generation of more scrap," he said. "We’re looking at setting up closed loops with auto customers to obtain their scrap for converting it back to automotive sheet again."....
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