Aluminum Consumption Growing Faster in Brazil

Aluminum industry growth yearly while consumption of aluminium is growing faster than the economy in general and it is driving demand for low cost energy in order to meet domestic needs with nationally produced aluminium.

Demand for aluminium has also been driven up by the works required for holding the 2014 world football cup in 12 Brazilian cities and the 2016 Olympic Games in Rio de Janeiro. At the same time the government has adopted rules establishing that new cars must reduce emissions an environmental goal that will require new technologies as well as lighter weight elements made of aluminium.

Brazilian Aluminum Industry growth per year as IPS reported that aluminium, opposed by environmentalists mainly because of the amount of energy needed to produce it is one of the targets of the heated campaign against hydroelectric dams in Brazil’s Amazon jungle region.

Fast growth of activities and products that use abundant aluminium such as the construction packaging and automotive industries, explain the optimistic projections. The rise in wages and incomes among working and middle class families in Brazil in the last few years has led to a boom in housing renovation and improvements which has increased demand for construction materials.