Alcoa expects demand growth, returns to profit

Jan 08, 2013 | 05:15 PM | Suzy Waite

Tags  Alcoa, Klaus Kleinfeld, fourth-quarter earnings, Suzy Waite

NEW YORK— Alcoa Inc. expects global aluminum demand to grow 7 percent in 2013, chairman and chief executive officer Klaus Kleinfeld says.

The Pittsburgh-based producer kicked off the earnings season Tuesday on a strong note, reporting fourth-quarter 2012 net income of $242 million, a marked improvement over a loss of $143 million in the third quarter and a $191-million loss in the fourth quarter of 2011.....

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