This Morning in Metals: Voestalpine Chief Executive Warns of European Steel Overcapacity

This morning in metals news, the chief executive of Austria’s Voestalpine says Europe’s steel industry has excess capacity, copper picked up as the dollar’s gains paused and automotive aluminum use is picking up according to one survey.
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Aluminum Autos

The aluminum sector is becoming more influential in the automotive industry, according to one survey.
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According to a report in Automotive News, a Ducker Worldwide survey said aluminum is “the fastest growing automotive material over competing materials and is entering its most unprecedented growth phase since we’ve been tracking the shifting mix of automotive materials.”