Alcoa sees aerospace growth driving aluminum use

Newswire

By Carole Vaporean NEW YORK, June 21 (Reuters) - Alcoa Inc. sees a doubling of aluminum consumption over the next 20 years, with products in the flat-rolled segment, especially aerospace and other transportation applications, accounting for half of that growth, the company's segment president said. At a recent presentation to analysts, Alcoa Group President Helmut Wieser said 30 million tonnes of aluminum are currently consumed worldwide, of which 15 million are used by the flat-rolled ...

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