North American Automotive Industry Aluminum Raised

- Aug 20, 2018-

1. The amount of aluminum used in the automotive industry in North America will increase by 40% in 2025 compared to 2012. According to estimates by the American Exco Corporation (EXCO), the amount of aluminum used in the North American automotive industry in 2025 can be increased by 40% compared to 2012. The North American automotive industry actually refers to the US auto industry, because US auto production accounts for more than 95% of the North American market, and Canada and Mexico account for less than 5%. Why is the application of aluminum in automobiles so fast? The main reasons can be summarized as: because of the high corrosion resistance of aluminum alloys and the high resilience of collisions, because they have high inherent strength and flexibility, they become the ligament frame. Good manufacturing materials for engine mounts, roof consoles, and running boads. In the car body structure, replacing the steel manufacturing structure with an aluminum alloy can reduce weight by 50%. The strength of the aluminum alloy body is not only equal to that of the steel structure, but also may exceed that of steel. What is more valuable is that the aluminum alloy body structure absorbs the collision twice as much as the steel structure. Due to the reduction in the main structural quality of the car, other systems of the car (including engines, transmissions, suspensions, wheels) can be correspondingly mitigated. In the car design, each pound of aluminum extrusion can replace 2 pounds of steel, saving 3.1 gallons of oil.


2. Sweden's Granges suspended the establishment of an aluminum joint venture program in the United States. Swedish aluminium profile producer Grange said on Friday that it has terminated its plan to form a joint venture with Mitsubishi Aluminum in the US, which was originally planned to produce aluminum materials for brazed automotive heat exchangers. Grange said in a statement: "Grange has decided to stop the plan to form a joint venture in North America, because in view of the current situation, the project is not attractive to Grange from a risk-reward perspective." "However, Grange and Mitsubishi will continue to engage in dialogue on future business opportunities," the report added. In November last year, Grange announced plans for the joint venture, and also announced plans to build a $110 million aluminum rolling mill expansion in Tennessee. The program is expected to increase capacity at the Huntingdon aluminum rolling mill in Tennessee by 20%, from 176,369 tons per year to 220,462 tons per year, and is expected to be completed by 2019.