NEW YORK U.S.
aluminum imports are growing as domestic mills become too old
to compete with foreign mills, Metal Bulletin Research analyst
Kamil Wlazly said June 20 at AMMs Aluminum
"We can see the
increased imports of foil to the U.S. because as foil mills are
aging they are increasingly uncompetitive in global markets,
and we expect that to continue," Wlazly said.
aluminum demand to rise in the United States and
internationally through 2014 as the global economy grows,
primarily due to manufacturing, he said.
The growth in car
production and sales in emerging economies will have the
biggest effect on the aluminum market as manufacturers
increasingly use the metal, Wlazly said. China has replaced the
United States as the worlds largest car consumer.
"The growth in
aluminum usage in the car industry will be driven by the
combination of a rise in the volume of cars produced and an
increase in aluminum content per car," he said, noting that
there is more demand for heat-treated aluminum body sheets, and
that will increase tenfold by 2020.
Wlazly discussed the
growth in Chinese production of cars and construction, as well
as the increase in production of extruded and flat-rolled
aluminum, to meet those demands.
The Asian country is
also exporting more goods around the world, including to North
America, despite U.S. anti-dumping laws introduced in 2008.
China now ships its aluminum product to the United States
through Mexico, Wlazly said.
economy has slowed, the countrys aluminum stock is at
overcapacity, so it will continue exporting primarily extruded
products to North America, he said.
Editor's note: This story was updated June 26,
2013. Due to a reporting error, an earlier
version misstated the market that Wlazly
identified would be most effected by the growth in car
production and sales in emerging economies.