Harbor Aluminum Summit: rising demand for Primary Aluminum will increase the proportion of waste Aluminum used

Jorge Vazquez, Managing Director of: Harbor Intelligence, said at a summit in Chicago that signs from the United States, Europe, Japan and China all indicate that demand for primary aluminum is in a downward phase of the cycle as a result of rising primary aluminum prices. Waste aluminum is increasingly being used as a substitute for aluminum. Global demand for aluminium is expected to fall 3.8 per cent in 2018. The weakness of the aluminum industry also has a lot to do with the steel and aluminum tariffs introduced by the Trump administration.