Planemaker Aluminum Demand to Rise 15% a Year Helped by China

Bloomberg.com reports that there is an expectation that planemaker aluminum demand will rise by 15% in 2011, pushed by China.

The story is quoted as saying:

We estimate about 15 percent per year,” driven by demand for China’s first narrowbody passenger plane, the C919, Sean Stack, executive vice president and chief financial officer of Aleris, said yesterday, without giving a timeframe. Aluminum comprises about 80 percent of a plane’s weight, according to Aleris, the world’s third-largest supplier of the material

To access the full story, click here.