MarketWatch
Analyst's Research on Alcoa Inc. and Century Aluminum Co. shows uncertain Future for Aluminum
Edited by : AL CIRCLE
2 min read
www.stockcall.com/ offers investors comprehensive research on the Aluminum industry and has completed analytical research on Alcoa Inc. AA -1.54% and Century Aluminum Co. CENX -2.80%.
A cloudy Chinese economic forecast in combination with weakness in Europe and slow industrial growth in the U.S. is creating an uncertain outlook for the aluminum industry. Growing demand out of the aerospace and automotive markets as well improved aluminum pricing is encouraging though.
www.stockcall.com/ is an online platform where investors doing their due-diligence on the Aluminum industry can have easy and free access to our analyst research and opinions on Alcoa Inc. and Century Aluminum Co.
While the future for the industry is unclear, several companies have turned in positive first quarters. Alcoa Inc. posted a $94 million profit in the quarter, an impressive improvement over the previous quarter. Century Aluminum Co. did not do nearly as well, as it posted a loss in the first quarter, but did see an 11% increase in shipments, which was a positive.
Moving forward, barring a significant drop in aluminum pricing, the industry appears capable of widening margins in the short-term but long-term uncertainty regarding future demand is discouraging. Better data out of China's industrial sector would go a long way to assuage some of these concerns.
About StockCall.com StockCall.com is a financial website where investors can have easy, precise and comprehensive research and opinions on stocks making the headlines.
A cloudy Chinese economic forecast in combination with weakness in Europe and slow industrial growth in the U.S. is creating an uncertain outlook for the aluminum industry. Growing demand out of the aerospace and automotive markets as well improved aluminum pricing is encouraging though.
www.stockcall.com/ is an online platform where investors doing their due-diligence on the Aluminum industry can have easy and free access to our analyst research and opinions on Alcoa Inc. and Century Aluminum Co.
While the future for the industry is unclear, several companies have turned in positive first quarters. Alcoa Inc. posted a $94 million profit in the quarter, an impressive improvement over the previous quarter. Century Aluminum Co. did not do nearly as well, as it posted a loss in the first quarter, but did see an 11% increase in shipments, which was a positive.
Moving forward, barring a significant drop in aluminum pricing, the industry appears capable of widening margins in the short-term but long-term uncertainty regarding future demand is discouraging. Better data out of China's industrial sector would go a long way to assuage some of these concerns.
About StockCall.com StockCall.com is a financial website where investors can have easy, precise and comprehensive research and opinions on stocks making the headlines.
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