INTL AL CONF: Producers discuss Covid-19 demand impact

The Covid-19 pandemic has bolstered aluminium demand from the packaging sector, while the automotive and construction sectors are now recovering after taking the biggest hits during its peak, chief executives of major aluminium producers said during a panel at the Fastmarkets International Aluminium Conference on Tuesday September 22.

Top executives from Alcoa Corp, Aluminium Bahrain (Alba), Hindalco, Norsk Hydro and China Hongqiao participated in the panel, sharing how demand has evolved in their respective regions from shifting consumer patterns and disruptive events earlier in the year. Alcoa’s chief executive officer Roy Harvey says he now sees a “snap back” from the difficult second quarter, where in the United States, the temporary shutdown of the automotive supply chain had crippled demand. But Harvey expressed cautious optimism given the uncertainty of this pandemic. “We find ourselves certainly in a good recovery and we see that in automotive particularly. But the question is can we keep this momentum?” Harvey asked. Harvey also noted a shift in consumer patterns from the pandemic, which has...

Published

Michael Roh

September 23, 2020

05:00 GMT

New York