Canada ‘needs to increase aluminum capacity’
Apr 01, 2014 | 03:52 PM
| Michael Cowden
SAN ANTONIO Aluminum producers in Canada must boost capacity to serve markets in the United States and Europe ahead of a free-trade agreement between Canada and the European Union, according to the head of the Aluminium Association of Canada.
Canadian aluminum now faces E.U. tariffs of 2 to 7 percent, but those barriers will be removed once the agreement (amm.com, Oct. 22) comes into force, likely by 2016, association president and general manager Jean Simard told AMM in an exclusive interview April 1.
That means the Canadian aluminum producers market will expand from 300 million to 400 million consumers in the United States to about 1 billion consumers as the use of aluminum expands in several sectors, most notably in the automotive industry, Simard said.....
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