consumption this year will be 7 percent higher than in 2012,
and the industry can look forward to stable growth for the next
decade, United Co. Rusal chief executive officer Oleg Deripaska
said Sept. 11 in a televised interview at the World Economic
Forum in Dalian, China.
that the current aluminum market oversupply is a result of
producers pushing metal into warehouses when demand collapsed
in 2008, but pointed to strong demand growth in emerging
markets as the driver for change in the balance of supply and
based on aluminums light weight and conductivity, as well
as its recyclability and ease of use, will add momentum to that
growth, he added.
comments followed those he made in an interview with
AMM sister publication Metal Bulletin earlier
this month, when he warned that consumers buying policies
would need to incorporate more hedging as the supply imbalance
is relieved through capacity cuts and further consumption
A version of this article was first published by AMM sister
publication Metal Bulletin.