Alcoa Inc. Sees US Recovering Soon

In an interview with Reuters yesterday, Klaus Kleinfeld confirmed that the company is still expecting a 12-percent global growth in aluminum demand this year, with the aerospace, auto, consumer electronics and packaging picking up substantially.

When asked about the real estate industry, he said that “The only one that is lagging behind here in the U.S. and Europe is real estate （construction） and we might not have hit the trough yet.”