April 2009
Aluminum slump: Alcoa Banks on Chinese Growth!
World aluminum consumption may drop 7 percent in 2009, and sales may decline as much as 15 percent in global building markets and 18 percent to automotive customers. The largest U.S. aluminum producer Alcoa yesterday reported a $497 million net loss, c...
October 2008
Alcoa Inc CEO Klaus Kleinfeld spot optimistic long-term aluminum prospects
Alcoa Inc., one of the world’s largest aluminum producers, reported a 52-percent drop in third quarter profits and said it would conserve cash by suspending its stock buyback program and all noncritical capital projects. Alcoa, the first componen...
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