28 MARCH 2011AL CIRCLE
Rising Copper Prices are Good News for Aluminum Producer Alcoa
Edited by : AL CIRCLE
1 min read
...Alcoa ( AA ), the world leader in the production and management of primary aluminum, fabricated aluminum and alumina, has very good reason to rejoice with rising copper prices. This is because aluminum is generally accepted as a cheaper substitute to copper in many applications, and many manufacturers are seriously considering switching to aluminum with copper reaching all-time high prices early this year. This inclination towards aluminum would also benefit Alcoa's competitors which include Rusal, Rio Tinto ( RIO ), BHP Billiton ( BHP ) and Chalco ( ACH )...
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