Reynolds Metals Co. boosted its primary production of aluminum to 100% of rated annual capacity (601,000 tons) last week, and said: "We're selling aluminum as fast as we can make it." Production at Aluminum Co. of America and Kaiser Aluminum & Chemical Corp. was also rising, bringing the industry to 90% of its 2,300,000 tons primary capacity. Preliminary figures indicate that May production hit an alltime monthly high of 164,000 tons, and makers are confident that 1959 will be a record year, about 20% over 1958.
Most encouraging to aluminum producers is that demand is not based merely on the business recovery,...
To continue reading:
or
Log-In
