Better Aluminum Prices Buoy Alcoa and Century; Shares Fairly Valued
Edited by : AL CIRCLE
1 min read
...Aluminum prices on the London Metals Exchange (LME) increased more than 10% in the fourth quarter, and have continued to climb into 2011. This should provide a meaningful boost to profitability for aluminum producers Alcoa AA and Century Aluminum CENX for the fourth quarter, and the demand outlook for the metal remains favorable...