CNBC reported that Alcoa shares plunged more than 7 percent to a 52-week low, after Deutsche Bank downgraded the biggest U.S. aluminum producer.
Continue reading "Alcoa Shares Drop to 52-Week Low on Downgrade"
Friday, September 30, 2011
The Associated Press reported that Alcoa Inc. (NYSE:AA) declared a quarterly common stock dividend of 3 cents.
Continue reading "Alcoa Declares 3-Cent Common Stock Dividend"
Thursday, September 29, 2011
Morningstar reported that Copper can be substituted by Aluminum in the near future.
Continue reading "Aluminum is No Lightweight"
Tuesday, September 27, 2011
Platts reported that according to the Aluminum Association, preliminary estimates suggest that aluminum demand in the USA and Canada surged 6% in comparison to 2010.
Continue reading "North American Aluminum Demand Rises 6% Through July"
Friday, September 23, 2011
Bloomberg reported that United Co. Rusal (HKG:0486) is not holding talks on building a plant in Iran.
Continue reading "Rusal Says Iran Option for Expansion, No Talks on Building Plant"
Wednesday, September 21, 2011
The outlook for aluminum is more positive than the steep drip in price since April may suggest. The world’s largest producers of the metal are confident that 2012 will see robust demand growth, and some have even invested millions in upgrading production capacity. Automotive production will be the main catalyst for growth.
Continue reading "Aluminum Accelerated by Automotive Production"
Wednesday, September 21, 2011
Reuters reported that Alcoa Inc (NYSE:AA) plans to reorganize its midstream Global Rolled Products businesses to encourage growth opportunity in emerging markets.
Continue reading "Alcoa Reorganizes Midstream Businesses"
Monday, September 19, 2011
Sun Herald reported that Alcoa (NYSE:AA) is one of the Top Ten North American Scrap Aluminum Suppliers as well as the “Most Improved” Supplier for 2011.
Continue reading "Alcoa Names 2011 Top North American Scrap Aluminum Suppliers"
Monday, September 12, 2011
Zacks reported that shares of Aluminum of China (NYSE:ACH) traded at a new 52-week low Friday of $14.46.
Continue reading "Aluminum of China Hits a New 52 Week Low"
Monday, September 12, 2011
Industry Week reported that according to the Aluminum Association, the use of aluminum in automobiles has the potential to reach record highs by 2012.
Continue reading "Aluminum Threatens to Overtake Steel in Auto Production"
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Monday, October 3, 2011