Aluminum market to soar after '14: economist
Oct 31, 2013 | 12:33 PM
| Michael Cowden
CHICAGO Aluminum companies should use a slow 2014 to upgrade, expand and make new hires to gear up for boom times in the following years, one economist said at a recent Metal Service Center Institute (MSCI) aluminum products division conference in Palm Beach, Fla.
Next year will be "off" compared with 2013 as demand slackens from the middle of 2014 into the first quarter of 2015, said Alan Beaulieu, president of the Institute for Trend Research, a Boscawen, N.H.-based consultancy.
"If you project your growth is going to be the same as it was 2013, youre going to be wrong," he said.
North America wont fall into a recession, but Brazil and Europe will, Beaulieu said. "The world will soften ... and it will impact (the aluminum) industry," he said.....
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