Alcoa idles Italian smelters after EC energy tariff ruling

Nov 19, 2009 | 01:01 PM | Tom Jennemann

Alcoa Inc. will temporarily curtail all production at its aluminum smelters in Fusina and Portovesme, Italy, after the European Commission ruled that the company must repay a portion of its Italian energy tariff.

Alcoa had received "illegal state aid" since 2006, the EC said, which allowed the Pittsburgh-based company to sell aluminum at a lower price, thus giving it an unfair advantage over its competitors.....





Latest Pricing Trends

Poll

Is severe weather affecting your business?

Yes
No


View previous results