Gumby

Alcoa's Bloodbath: Weak Demand, Tight Margins

In case you dont realize... our whole aluminium industry is still too small to support the need of our automotive industry to build lighter cars . We still need to build twice as many smelters or more to meet the requirments of the automotive industry in order to boost the fuel efficiency. The world still produce thirty tons of steel for every ton of aluminium. We had been busy stripping all our homes of old aluminium framed windows to boost scrap supplies, yet it is n ot enough . We will demand far more aluminium than you would imagine in the forseeable future.. We will save a lot of energy recycling aluminium than recycling steel.