INTL AL CONF: Hindalco MD sees demand for value-added aluminium products making a comeback

September 23, 2020 / www.metalbulletin.com / Article Link

Demand for value-added aluminium is returning, supported by a recovery in demand from the automobile and industrial sectors, according to Hindalco's managing director and aluminium division chief executive Satish Pai.

Speaking at the Fastmarkets International Aluminium Conference on Tuesday September 22, Pai said the recovery in the auto and industrial sectors has spurred demand for value-added products.
  
"Right now the value-added downstream industry has come back because the demand has come back," Pai said. "Automotive demand in China is just going through the roof and the sale of autos is up very strongly."

In China, Hindalco had planned to add 100,000 tonnes of capacity to its auto finishing lines, but commissioning of the line was delayed by the Covid-19 pandemic. "The people who had to commission the line were from Europe and couldn't travel, so right now we are working on visas and getting testing done... Because today we need to ship auto...

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