Bloomberg article highlights:
* Morgan Stanley predicts a 29 percent gain in aluminum prices by 2018.
* At current aluminum prices, which are more than a third below 2008 highs, at least 30 percent of aluminum companies aren’t making money.
* The metal has failed to revisit the $3,317 a ton level reached in 2008, averaging about $2,200 in the past five years.
* The global surplus of aluminum may reach 1.8 million tons in 2013, as output rises to 51.4 million tons from 47.9 million in 2012.
* A switch to aluminum among U.S. carmakers could add as much as 40 percent to North American demand in coming years.
Danny received his Bachelor of Science degree in Materials Science and Engineering from the Johns Hopkins University in Baltimore, MD, and a Master of Science and Doctor of Philosophy degrees in Materials Engineering from Drexel University in Philadelphia, PA. While at Drexel, Danny held engineering and research positions with the David Taylor Research Center (Annapolis, MD) and Hoeganaes Corporation (Riverton, NJ).
After receiving his Doctorate, Danny started at the LTV Steel Technology Center (Independence, OH), where he was a member of the Customer Technical Center, focused on customer-based problem solving in the areas of corrosion, formability, and surface contaminants. He then transferred into the Automotive Development Group, focused on formability analysis and training; materials selection and optimization; tooling development and production launches for new vehicle programs; customer materials & manufacturing cost reduction efforts; forming/denting/structural computer simulation; and technical awareness and communications with the automotive manufacturers and their Tier One / Tier Two companies. Danny's first position in the ADG was as the engineer responsible for all transplant accounts, and then moved to having responsibility for the Ford Motor account, before being promoted to the Group Manager. During his time with LTV Steel, Danny was active in AISI and Auto/Steel Partnership activities, serving as Chairman of the Standardized Dent Resistance Test Project as well as participating in other committees. Danny is the founding member of Engineering Quality Solutions, Inc.
Danny has over a dozen publications and is a member of ASM International, SAE International, and is the President of the North American Deep Drawing Research Group (www.NADDRG.org).