Completion of the construction of a 120,000-tonne cast house at the Boguchansky smelter imminent

Completion of the construction of a 120,000-tonne cast house at the Boguchansky smelter imminent

The alloys that will be produced at the new cast house will serve clients from the automotive industry. According to the IHS Markit research, the global automotive production will grow to 110 mln cars by 2025, adding 15 mln cars to production in 2019. In addition to the automotive production growth the ongoing cars lightweighting process generates more demand in new cars applications such as structural. The new foundry alloys demand also comes from EVs, where primary foundry alloys usage may exceed 40 kg per car. Given the growing demand in the automotive industry around the globe, timing is perfect for…