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Transcripts For WMPT Nightly Business Report 20120709

nice to see you again. good to be here. susie: so you were pretty upbeat in your forecast. are you expectsing a strong global demand for aluminum. it s hard to imagine that given the gloomy forecast out of europe, out of china, even out of the u.s. so fell us where you see the demand. well, we expect 7% demand goals this year. we also expect that the we see a very strong regional premium which show there is a tight innocence the market. where is that coming from? it s coming from aerospace. we have aerospace market these days with eight years of order backlog that s very substantial. and it s going toa while. we also see surprises here in the u.s., particularly coming from the automotive industry. and that s doubly positive for the aluminum industry because on the one hand we have seen so far in this year a 15% growth in automotive demand here in the u.s., very nice. in addition to that, we see that the amount of aluminum used in cars is going up. because lightweighti

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