Carmakers Use Aluminum Over Steel in Boost for Rio: Commodities

February 6, 2013 at 9:04 am

ByYuliya Fedorinova and Marina Sysoyev, Bloomberg News, Feb. 6 2013 Carmakers from Ford Motor Co. toAudi AGand Jaguar Land Rover Plc are using record amounts of aluminum to replace heavier steel, providing relief to producers of the metal confronting excess supplies anddepressedprices. Aluminum content in vehicles is rising about 5 percent a year and growth will accelerate in the next decade as drivers seek improved fuel economy and lower emissions, according toGayle Berry, a London-based analyst at Barclays Plc. Read […]

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