Automakers plan a broad shift to aluminum from steel in larger vehicles over the next decade in North America, and 18% of all vehicles will have all-aluminum bodies by 2025, compared with less than 1% now, according to an industry study released this week.
According to The Wall Street Journal, a report by consultants Ducker Worldwide indicates that Ford Motor Company’s decision to employ an aluminum body for its coming 2015 F-150 pickup truck is proving a trigger for an extensive move by automakers and their suppliers toward lightweight materials for pickup trucks and sport-utility vehicles to help them meet coming fuel economy standards, rather than push consumers into buying mostly small cars.
The cash price of primary Indian aluminum saw a 1.0 percent drop on Friday, June 13, landing at INR 109.45 ($1.85) per kilogram and making it the biggest mover of the day. On the LME, the cash price of primary aluminum fell 0.7 percent to $1,822 per metric ton. The aluminum 3-month price saw a 0.5 percent decline on the LME to $1,861 per metric ton.
Chinese aluminum prices were flat for the day. The price of Chinese aluminum scrap held steady at CNY 12,250 ($1,970) per metric ton. For the fifth consecutive day, the price of Chinese aluminum billet held flat at CNY 13,590 ($2,185) per metric ton. The price of Chinese aluminum bar was unchanged at CNY 14,200 ($2,283) per metric ton. The cash price of Chinese aluminum remained essentially flat at CNY 13,370 ($2,150) per metric ton.