Interviews
AlCircle: How do you envision the year 2022 for the global aluminium industry and foundry segment following the economic impact caused by the Covid pandemic?
Mr José Ignacio Sesma: In Europe, just as we were recovering from the pandemic, where all industrial sectors have been impacted over the last two years, we are now facing an unprecedented increase in energy prices. This situation is causing a mismatch in raw material prices and production costs, affecting all sectors including the aluminium industry.
On the other hand, the automotive industry is trying to migrate from the combustion engine to other more environmentally friendly technologies (electric motors, hydrogen, etc.), which has caused consumer uncertainty, slowed down vehicle sales, and directly affected the aluminium smelting sector.
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