Most EU aluminium smelters to shut by 2015, analyst says

The days of primary aluminium smelting in Europe might be numbered despite the region being a top destination for finished aluminium products, one analyst said.

The stark possibility is due to excessive regulation, including strict labour and environmental laws, and high energy costs that have made smelting in Europe prohibitively expensive, David Wilson, director of metals research and strategy at New York-based Citigroup, said. “It really doesn’t make sense to smelt aluminium in Europe anymore unless legislation changes,” he said on Monday January 13 at the Platts Aluminium Symposium in Fort Lauderdale, USA....


This article was first published by AMM

January 15, 2014

05:03 GMT

Fort Lauderdale