Alcoa sees aluminum ‘essentially balanced’

Jan 22, 2013 | 01:04 PM | Andrea Hotter

Tags  Alcoa Materials Management, aluminum, Tim Reyes, Andrea Hotter

CORONADO, Calif. — The global aluminum market will be more or less balanced in 2013, with most of the year’s production and demand growth to come from China, according to Tim Reyes, president of Alcoa Materials Management.

Global demand will accelerate by 7 percent this year, while the world excluding China will see growth of around 4 percent, the senior executive at Pittsburgh-based Alcoa Inc. said at an industry conference in Coronado, Calif. "The primary aluminum....

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