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img Novelis sees pick up in rolled aluminium product demand in Europe in 2016-The 17th Guanzhou Die-casting,Foundry&Industry Furnace Exhibition
10/14/2015 Die-casting,Foundry&Industry Furnace expo |
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Reuters reported that US based aluminium giant Novelis expects a 3 percent rise in rolled aluminium product demand in Europe in 2016, despite the knock-on impact of sluggish growth in China
Mr Erwin Mayr, Europe president for the rolled aluminium products group, told Reuters that “This would be down slightly from the 4 percent increase in aluminium product growth expected in 2015. I expect the positive trend to continue in 2016, although the slowdown in China could reduce Chinese demand for imported European products containing aluminium.”
He said “Aluminium drink cans and the automobile sector are expected to remain the main growth drivers in Europe in 2016 after strong performances in 2015. We are seeing especially strong demand for drink cans in Germany where some of the largest discount supermarkets have returned metal drinks cans to their shelves.”
He said "Energy drinks in cans have also been booming this year in Europe and worldwide. Major soccer events generate more European beer sales and the European football championships in France in 2016 could have a positive impact on aluminium demand for cans.”
Novelis produces about 1 million tonnes of rolled aluminium products in Europe annually with production and recycling operations in Germany, Italy, Britain, France and Switzerland. In October 2014, Novelis inaugurated a $258 million aluminium recycling plant in Nachterstedt in Germany to produce 400,000 tonnes of aluminium annually using scrap. A line at Nachterstedt to produce 120,000 tonnes of rolled aluminium for automobiles is set to be officially opened in November with Jaguar Land Rover and BMW as launch customers.
Novelis is a unit of Indian group Hindalco Industries , part of India''s Aditya Birla Group.
压铸展-铸造展-2016第十七届广州国际压铸、铸造及工业炉展览会-中国最受关注的压铸铸造展会-巨浪展览
Die-casting-The
17th Guanzhou Die-casting,Foundry&Industry Furnace Exhibition
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