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    aluminum investing

    Aluminum Threatens to Overtake Steel in Auto Production

    Investing News Network
    Sep. 12, 2011 07:22PM PST
    Market News

    Industry Week reported that according to the Aluminum Association, the use of aluminum in automobiles has the potential to reach record highs by 2012.

    Industry Week reported that according to the Aluminum Association, the use of aluminum in automobiles has the potential to reach record highs by 2012.

    The market news is quoted as saying:

    Steelmakers have led the way to vehicle-mass reduction with advanced high-strength steels. These steel grades feature the strength characteristics of traditional steel but are easier to form and lighter than other older versions. But the Aluminum Association, which represents U.S. and foreign-based aluminum producers, says aluminum can replace more than twice as much weight as steel.

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