Alcoa to close 164,000T of smelting capacity
Aug 14, 2013 | 03:53 PM
| Michael Cowden
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 Alcoas global primary products division, said in a statement Aug. 14. ....
To access AMM's full content, please log in below. If you do not have an AMM account, we invite you to take a free trial or subscribe below.
Already a registered amm.com user?
Access to amm.com editorial content is granted only to paid subscribers and trialists. If you do not have an active account in your own name, please either subscribe or take a trial and you will have instant access to amm.com content. Sharing your login credentials with individuals who are not subscribers represents a violation of AMM copyright.
Every morning, every minute no matter how often you follow the markets, there's an AMM subscription to fit your needs.
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.