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Cost of aluminum continues to grow

The cost of raw materials in 2015, continues to decline. But the background of falling aluminum exhibits an enviable constancy — its value increases steadily. Experts believe that at least another few years, the situation will not change. But the main factor influencing the increase in the price of light metal, can be safely regarded as a rising demand from automakers. The automotive industry in an effort to produce the best possible fuel-saving models of cars increases volumes of applied light metals. If the price of copper has dropped 13% this year, and iron ore by 11%, the price of aluminum has risen by 1.1%. Experts believe that this figure, though not too high, looks promising on the background of last year, the most unfortunate, since 2009

Oleg Deripaska, CEO of RUSAL, said that aluminum is quite stands out among other raw materials. Representatives of the company believe that by 2020 demand for aluminum from the automotive sector will grow by 65%. Light metal a long time used for the manufacture of roofs and car doors. However, aluminum is — in contrast to steel — can not be welded. However, engineers are not sitting idly by. Ford Motor Company has developed a model F-150, whose body is made ​​entirely of aluminum. That, in turn, promises good opportunities for increased use of lightweight metal.

This is especially significant use of aluminum in the US automotive industry. A government plan to increase fuel economy, suggests that by 2025 the car to overcome the 54.5 mile should consume no more than 1 gallon of gasoline. This indicator is higher than the result in 2011 nearly doubled.

According to data provided by the International Aluminium Institute, in 2014, the smelting of primary aluminum increased by 4.8% in the world, amounting to 53,047,000. Tons. According to statistics derived structure of the production of primary aluminum in the regional plan shows the trends of different directions. In particular, China has seen increased production by 9.1% to 23.940 mln. Tons. The Gulf countries show an increase of 2.4%, accounting for 4.833 million. Tons. In Western Europe, production cuts amounted to 0.03% (3,514,000 tons.), In Central and Eastern Europe — 5.8%, to a level of 3.765 million tons.

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