Ford seen boon for aluminum demand
Jan 23, 2014 | 10:02 AM
| Michael Cowden
CHICAGO The new aluminum-intensive body enclosure of the Ford F-150 pickup truck could use about 1,000 pounds of the light metal per vehicle, boosting total demand by at least 500 million pounds annually, according to industry analysts.
Much of that initial demand could be for primary metal, some analysts said, similar to the can markets shift from steel to aluminum decades ago. The can sheet sector initially relied on primary metal for feedstock until enough scrap was generated to form a recycling network based on used beverage cans (UBCs), they said.
"Can sheet became a real product in the late 1960s, so it was the late 70s, early 80s before it became more than 50 percent scrap," said Lloyd OCarroll, principal of OCarroll Aluminum Bulletin. He predicted that it will be at least 10 years before scrap becomes a significant contender to primary metal as feedstock for auto body sheet, and thatunlike cansauto might never shift to more than 50-percent recycled content, given the sectors demanding specifications.....
To access AMM's full content, please log in below. If you do not have an AMM account, we invite you to take a free trial or subscribe below.
Already a registered amm.com user?
Access to amm.com editorial content is granted only to paid subscribers and trialists. If you do not have an active account in your own name, please either subscribe or take a trial and you will have instant access to amm.com content. Sharing your login credentials with individuals who are not subscribers represents a violation of AMM copyright.
Every morning, every minute no matter how often you follow the markets, there's an AMM subscription to fit your needs.
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.