The shine in key commodity metal markets is rubbing off on aluminum, a casualty of the international recession and the manufacturing slowdown since early 2008 but a vital contributor to Quebec’s economy. For full story, click here
Alcoa Inc has unofficially opened the earnings season by posting a loss of USD 454 million, citing continued weak prices and demand for its aluminum products amid the global recession. For full story, click here
Alcoa Inc. unofficially opened the earnings season by posting a loss of US$454 million, citing continued weak prices and demand for its aluminum products amid the global recession. For full story, click here
Aluminum producer Alcoa, Inc. declared its third consecutive quarterly loss, as demand and prices for aluminum continued to be impacted by the global slump. For full story, click here
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.
New York Stock Exchange listed Alcoa Inc. is the latest company set to receive a loan valued at $50 million from the Quebec government to escape the bites of recession. For full story, click here
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