Aleris' Demetriou upbeat on auto, aero demand

Aug 01, 2013 | 05:21 PM | Michael Cowden

Tags  Aleris, Steven Demetriou, outlook, automotive, aerospace, building, construction, aluminum aluminum rolled products

CHICAGO — Aleris International Inc.’s top executive remains optimistic about aluminum demand in the building and construction, aerospace and automotive sectors despite drawing red ink in the third quarter.

Aluminum rolled products demand is expected to grow 6 percent every year through 2017, Aleris chairman and chief executive officer Steven J. Demetriou said during a conference call following the release of the company’s earnings results.

"We continue to remain encouraged by the long-term growth opportunities for our businesses and the industries they serve," he said.....

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