Skip to main content

Alcoa expects 7% aluminium demand growth for 2014

United States – For 2014, Alcoa is forecasting a 7% increase in global demand for aluminium as well as a supply shortfall of 930 000 tonnes, which compares to the deficit of 730 000 tonnes projected by the company earlier in the year.

Also in its second-quarter results package, Alcoa anticipates global aerospace growth of 8-9% this year, driven by ′robust demand for both large commercial aircraft and regional jets′. Automotive growth is put at 1-4%, packaging growth at 2-3%, and building and construction growth at 4-6%.

Alcoa continues to expect a steady commercial transportation market in 2014, with growth of between -1% and 3% owing to weakness in the European market. At US$ 5.8 billion, Alcoa′s second-quarter revenues were similar to those recorded in the same period last year but were higher on a sequential basis owing to ′stronger volumes in the mid- and downstream, improved metal pricing and higher energy sales′.

For more information, visit:

Don't hesitate to contact us to share your input and ideas. Subscribe to the magazine or (free) newsletter.

You might find this interesting too

Fully recyclable car motors without rare earths?
Rio Tinto scrapping aluminium refinery in Australia
Changing of the guard at Dutch metal recyclers body

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Subscribe now and get a full year for just €169 (normal rate is €225) Subscribe