Al VAP demand bouncing back: Hindalco exec

摘要

Demand for value-added aluminium is returning, supported by a recovery in demand from the automobile and industrial sectors, according to Hindalco 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.”