Despite the recent recovery in LME aluminum prices; demand for the stainless steel component remains in the dumps. Without any idea of when demand may stage a comeback, aluminum miners are bracing for more tough times.
Continue reading "Tough times ahead for aluminum industry"
Friday, May 8, 2009
Novelis Inc., the world’s leading producer of aluminum sheet for automobiles, has seen a surge of more than 20 percent in the number of automotive applications of its lightweight material compared to a year ago. About 90 models of cars and light trucks today use Novelis aluminum sheet for a variety of body panels or [...]
Continue reading "Novelis forecasted increased use of Aluminum Sheets in Automobiles"
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Friday, May 15, 2009