Worth Watching aluminum Sector Stocks: Alcoa (AA), Century Aluminum Co (CENX), Kaiser Aluminum (KALU), Noranda Aluminum Holding (NOR)

The global aluminum alloys market was valued at US$ 91,230.7 Mn in 2013 and is projected to reach US$ 126,500.8 Mn by 2020, expanding at a CAGR of 4.8% from 2014 to 2020.

Transportation was the largest segment of the global aluminum alloys market, accounting for more than 40% share in 2013. Transportation is also anticipated to be the fastest growing end-user segment of the global aluminum alloys market in the next six years. Steady development in industries such as automotive, aerospace and marine is responsible for the growth of the transportation end-user segment.

Rising focus on the usage of hard but lightweight aluminum alloys for producing durable components and for increasing the fuel efficiency of vehicles is expected to drive the demand for aluminum alloys in the automotive market in the next few years. Furthermore, increasing demand for the manufacture of light-weight and high-strength components for various aerospace applications is likely to drive the demand for aluminum alloys in the global aerospace industry in the next six years.{1}

Alcoa Inc (NYSE:AA) closed lower -5.67% to $14.98, The Company will hold a conference call on Monday, January 12 start at 5:00 p.m. ET to discuss fourth quarter and full-year 2014 results and business developments. The conference call will be webcast live via Alcoa's website, www.alcoa.com, with presentation materials available online at 4:15 p.m. ET.

Century Aluminum Co (NASDAQ:CENX) closed declined -6.61% to $23.03,  The company together with its subsidiaries, produces and sells primary aluminum in the United States and Iceland. It provides standard grade and value-added primary aluminum products; and carbon products, such as anodes and cathodes. The organization was founded in 1981 and is headquartered in Chicago, Illinois.

Kaiser Aluminum Corp. (NASDAQ:KALU) closed down -0.56% to $71.29, the company together with its subsidiaries, produces semi-fabricated specialty aluminum products. The company produces rolled, extruded, and drawn aluminum products used principally for aerospace and defense, automotive, customer durables, electronics, electrical, and machinery and equipment applications.

Noranda Aluminum Holding Corporation (NYSE:NOR) closed decreased -3.50% to $3.31, The organization produces and sells primary aluminum and rolled aluminum coils in the United States. The company’s Bauxite segment mines, produces, and sells bauxite used for alumina production. Its Alumina segment refines and converts bauxite into alumina, which is used in the production of primary aluminum; and sells smelter grade alumina and alumina hydrate, or chemical-grade alumina.

Source{1}: http://www.businesswire.com/news/home/20150105006232/en/Research-Markets-Global-Aluminum-Alloys-Market-2014-2020