/ Ford, Industry, News / Aluminum price could rise on automotive demand

Aluminum price could rise on automotive demand

Linked In Share
Aluminum price could rise on automotive demand

According to the new chief of Japan’s Aluminum industry association, if other carmakers follow in Ford’s footsteps and release models made from the lightweight metal, its price could rise by as much as a third to $2,500 per tonne.

While the metal has already seen niche usage in high-end automotive products, the decision to employ it within the construction of a mainstream model like Ford’s F-150 pickup could trigger a revolution in its rivals’ next models.

“If automakers follow Ford’s step to use more aluminum, supply of the metal will become short and prices could rise as high as around $2,500 per tonne,” said Takashi Ishiyama, chairman of the Japan Aluminum Association.

Aluminum, which is lighter than steel, doesn’t rust and allows the carmaker to develop a more efficient car – is now mulled by several automakers, which are rumored to use it for their future products. Certainly, before any decisions are made, many are still waiting to see if Ford’s daring move will prove successful, as the automaker’s F-150 has been its best selling product for decades.

Ishiyama added that because of the production levels of the F-150 truck, Ford is providing a huge new source of demand for the aluminum industry, which has long tried to expand towards the automotive business.

Via Reuters

by Aurel Niculescu (my Google+) - Tuesday, July 15th, 2014 - filed under Ford, Industry, News. Image credit: .
Linked In Share
Related Articles
aluminum F-150 Industry japan price


Discuss: Aluminum price could rise on automotive demand

Leave a Reply















Inautonews Facebook PageInautonews RSS FeedInautonews TwitterInautonews Youtube Channel

Sign up to receive our email newsletter on your email. It's safe. No spam!

2016 Audi Q7 spied almost naked
2016 Audi Q7 spied almost nakedOur spy photographers have managed to provide the clearest images with the new generation of the Audi Q7 yet, as the prototype ...
Porsche 911 Targa facelift spied
Porsche 911 Targa facelift spiedThe facelifted version of the Porsche 911 Targa has been spied recently while it was being tested out. Porsche is currently ...
Vettel prepared to wait for Ferrari success
Vettel prepared to wait for Ferrari successNov.27 (GMM/Inautonews.com) Sebastian Vettel says he is not expecting to race a winning Ferrari in 2015. After winning four ...
[VIDEO] Lamborghini Winter Academy – drifting Huracan
[VIDEO] Lamborghini Winter Academy – drifting HuracanLamborghini has released the first teaser video on the 2015 Winter Driving Academy where its newest supercar, the Huracan, is ...
2015 Ford Mondeo Hybrid starts production in Spain
2015 Ford Mondeo Hybrid starts production in SpainThe 2015 Ford Mondeo Hybrid has entered production in Spain, at the company’s manufacturing plant in Valencia. Ford has ...
[VIDEO] Jay Leno does donuts in the new Mustang
[VIDEO] Jay Leno does donuts in the new MustangFamous petrol head Jay Leno has released a brand new video starring the 2015 Ford Mustang. The new generation of the Ford ...
Locally produced Mercedes-Benz C-Class goes on sale in India
Locally produced Mercedes-Benz C-Class goes on sale in IndiaThe locally produced version of the Mercedes-Benz C-Class Sedan has recently went on sale in India. Mercedes-Benz has announced ...
BMW 5-Series GT prototype introduced
BMW 5-Series GT prototype introducedA BMW 5-Series GT prototype, with eDrive and Twin Power Turbo technology, has been introduced recently during the Group ...
Meet the Euro-spec 2015 Chevrolet Corvette Stingray
Meet the Euro-spec 2015 Chevrolet Corvette StingrayThe first details and images with the Euro-spec version of the 2015 Chevrolet Corvette Stingray have been recently released by ...
2016 Ford Explorer online configurator introduced
2016 Ford Explorer online configurator introducedThe online configurator for the 2016 Ford Explorer has been recently introduced as the model in question can be had from 30,700 ...
Toyota gets ready for autonomous race with new safety technologies
Toyota gets ready for autonomous race with new safety technologiesThe Japanese automaker, the largest car company in the world, is inching a little closer to the ultimate goal – releasing on ...
Blue Rocket finished Porsche 918 Spyder seen
Blue Rocket finished Porsche 918 Spyder seenA Porsche 918 Spyder finished in a bright Blue Rocket shade has been spotted recently, in Switzerland. Over the past few months ...
US: Honda sales go unaffected by Takata airbag recalls
US: Honda sales go unaffected by Takata airbag recallsHonda, as the No.1 client of Japan’s Takata Corp is the automaker with the largest number of vehicles affected by the swelling ...
US: Toledo sees rally to keep Wrangler production
US: Toledo sees rally to keep Wrangler productionToledo’s UAW members gathered before the city’s council in a bid to ask the municipality to set in motion the process of ...
Mercedes-Benz S-Class Pullman to be introduced in Geneva
Mercedes-Benz S-Class Pullman to be introduced in GenevaThe Mercedes-Benz S-Class Pullman will be officially introduced next March, during the 2015 Geneva Motor Show. After the ...
Read more automotive news


2013 Frankfurt Motor Show Live Images

Audi Q7 001
Spy-Shots of Cars
2015 ford mondeo hybrid 1
2015 mercedes-benz c-class india 1
BMW 5-Series GT prototype edrive 1
Chevrolet-Corvette-Stingray-Europe 1
porsche 918 spyder blue rocket 1
Skoda Fabia R5 1
2016 Volkswagen Polo GTI 1
Seat Leon Cupra JE Design tuning 1
mclaren p1 crash dallas 1
BMW 3-Series Plug-in Hybrid 1

More automotive from inautonews
Our spy photographers have managed to provide the clearest images with the new generation of the Audi Q7 yet, as the prototype has been spotted virtually undisguised. The German based automaker Audi is currently working on a new generation of the Q7 for several months now, but that doesn’t mean ...
read more
Inautonews Editors Section
Test Drive: Ford Fiesta ST
Test Drive: Ford Fiesta ST The current generation of the Ford Fiesta ST has been officially presented to the public back in March, 2012, during the Geneva Motor Show, and it ...
Test Drive: Renault Twizy – Back to basics
Test Drive: Renault Twizy – Back to basics Renault has been producing the Twizy for a couple of years now, in its Valladolid, Spain, facility but spotting one on European roads can turn out ...
Test Drive: Mercedes-Benz SL400
Test Drive: Mercedes-Benz SL400 The Mercedes-Benz SL is currently in its sixth generation and since the company has released a new entry-level, the SL400, which is basically the ...

Editors Section
Inautonews Editors Section
2012 Safest Cars list 2011 Safest Cars [Video] 2011 IIHS Safest Cars [Video] 2011 EuroNCAP Safest Cars 2010 Safest Cars [Video]

Latest in Safety Toyota gets ready for autonomous race with new safety technologiesThe Japanese automaker, the largest car company in the world, is inching a little closer to the ... Japan: tests show Takata airbags not involved in recalls can still ruptureAutomakers could soon be forced to expand even more their recalls of Takata Corp airbags – ...
Safety Section