Auto aluminum demand said to fuel new capacity

Aug 29, 2014 | 04:50 PM | Nathan Laliberte

Tags  automotive aluminum, aluminum sheet, Novelis, Alcoa, Wise Alloys, Wes Oberholzer, China, wide hot mill Bernstein Research

NEW YORK — North American automotive aluminum sheet producers believe that stepped-up demand could lead to the addition of several wide hot mills in the United States over the next decade as current capacity is insufficient.

"There have been multiple announcements made to serve growing demand from major auto manufacturers, including Ford (Motor Co.), (General Motors Co.) and Toyota (Motor Corp.)," Wes Oberholzer, president and chief operating officer of Muscle Shoals, Ala.-based Wise Metals Group LLC, told AMM. "However, nobody has announced any increases to wide hot mills in North America, and nearly all the wide hot mills are running at nearly full capacity."....

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