Alcoa to close 164,000T of smelting capacity

Aug 14, 2013 | 03:53 PM | Michael Cowden

Tags  Alcoa, Bob Wilt, global primary products, Massena East, New York United States, Brazil, smelter, production cuts potline

CHICAGO — Alcoa Inc. plans to permanently close a potline with an annual capacity of 40,000 tonnes at its Massena East, N.Y., facility and temporarily curtail 124,000 tonnes per year of capacity at its smelters in Brazil in response to lower aluminum prices and premiums.
“Aluminum prices, including premiums, have fallen to four-year lows, and we continue to operate in an uncertain, volatile market,” Bob Wilt, president of Pittsburgh-based Alcoa’s global primary products division, said in a statement Aug. 14. ....





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