NEW YORK Airline
producers demand for aluminum will increase in the coming
years despite earlier forecasts to the contrary, ICF SH&E
vice president Kevin Michaels said at the Credit Suisse 2012
Aerospace and Defense Conference Thursday.
"Rather than aluminum going the
way of the buggy whip, its actually going to grow," he
When Chicago-based Boeing Co.
first announced in 2003 that its 787 Dreamliner would contain
only 20-percent aluminum, market players speculated that the
light metal would no longer have a leading place in the
But that hasnt been the
case, Michaels said, citing developments in aluminum-lithium
parts that help meet demand among producers seeking to build
lighter aircraft. In fact, the market bought $2.4 billion worth
of aluminum in 2011, he said.
Aluminum will account for about
half of the 1.2 billion pounds of raw materials to be consumed
in aircraft production in 2012, Michaels said, putting steel
alloys at 22 percent, titanium alloys at 10 percent,
superalloysincluding nickel and cobaltat 9 percent
and composites at 3 percent.
Lloyd OCarroll, senior
vice president of research at Davenport & Co. LLC,
Richmond, Va., previously told AMM that aluminum
shipments to the sector will reach 660 million pounds this year
and 719 million pounds in 2013 (
amm.com, Oct. 31).
"Aluminum isnt declining.
It will be greater in 10 years than it is today," Michaels