16 JULY 2010AL CIRCLE
Cut in Aluminum Production Could Mean Profits for Alcoa
Edited by : AL CIRCLE
1 min read
...Analysts believe Alcoa Inc. (NYSE:AA) will see profits as aluminum production will be cut worldwide, especially in China. “We remain optimistic on the long-term fundamentals surrounding the aluminum market and believe that Alcoa is well-positioned to benefit from these trends,” said analyst Tony Rizzuto of Dahlman Rose & Co. There is a surplus of aluminum this year, with plans for a deficit the next year to come...
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