Die casters see strong start continuing

Feb 25, 2014 | 04:00 PM | Nathan Laliberte

Tags  die casters, LME, London Metal Exchange, Nadca, North American Die Casting Association, aluminum, zinc, magnesium Nasaac

MARCO ISLAND, Fla. — The aluminum die casting industry expects the second quarter of 2014 to build on gains established in the first two months of the year.

However, concerns persist about the viability of the London Metal Exchange’s North American special aluminum alloy contract (Nasaac) and spiking costs for most secondary aluminum alloy grades (amm.com, Feb. 21), industry executives said at the North American Die Casting Association (Nadca) Executive Conference in Marco Island.

Unprecedented demand from automotive manufacturers continues to buoy much of the industry, with executives noting that demand from the sector increased about 10 percent last year compared with 2012. And as the global push toward lightweighting grows exponentially, automotive manufacturers are looking to diversify usage of die casting across a number of materials—including aluminum, zinc and magnesium—and examine a variety of new technologies aimed at reducing curb weight.....

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