Rising Aluminum Prices Underpin Alcoa Stock Price
Forbes reports that Alcoa (NYSE:AA) has a significant influence on the aluminum industry.
Articles Tagged "aluminum industry"
New Hampshire Company Announces Leaner Aluminum Fabricating Processes
Glichrist Metal Fabricating Company announces that it has developed a process that will make aluminum fabrication leaner.
Tough times ahead for aluminum industry
Despite the recent recovery in LME aluminum prices; demand for the stainless steel component remains in the dumps. Without any idea of when demand may stage a comeback, aluminum miners are bracing for more tough times.
More cuts needed to stabilize aluminum market
Aluminum industry executives sent a warning to other market leaders that unless large aluminum producers make deeper output cuts, the entire industry will likely take many years to recover from the current slump. Just 10% of world aluminum output is slated to be taken offline, and unless this number is pushed higher by more output cuts long-lasting damage to the sector is possible.
