Alcoa’s 16kg aluminium wheel could change fleet efficiency equation
A truck’s overall weight comes from dozens of components, including the engine, chassis, tyres, etc. Wheels are one area where fleets can explore lightweighting. Traditional steel wheels, widely used across the transport industry, are known for their robustness. Forged Alcoa aluminium wheels offer...
Alcoa files SEC registration for $5.6b South32 alumina, aluminium and bauxite asset deal
Alcoa has moved its proposed acquisition of South32's bauxite, alumina and aluminium interests forward with a US SEC filing, with the transaction carrying an implied enterprise value of up to USD 5.6 billion. Alcoa Corporation has filed a Form S-4 registration statement with the US Securities and...
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Rothschild sues news group over Moscow claims
High quality global journalism requires investment. Please share this article with others using the link below, do not cut & paste the article. See our Ts&Cs and Copyright Policy for more detail. Email ftsales.support@ft.com to buy additional rights. Nathaniel Rothschild, the billionaire investor,...
Alcoa has the Highest Debt to EBITDA Ratio in the Aluminum Industry (AA, KALU, NOR)
Below are the three companies in the Aluminum industry with the highest debt to EBITDA ratios. This ratio indicates how many years of EBITDA would be necessary in order to pay back all the debt (assuming Debt and EBITDA are constant). Typically, this ratio is considered to be alarming when it is...
Alcoa Tied to Skittish Aluminum Price
Aluminum giant Alcoa (AA), a bellwether for manufacturing, is tied to a skittish commodity price: aluminum. The metal’s price plummeted over 27 percent last year, after peaking in April. Analysts’ opinions on Alcoa’s 2012 prospects now vary widely as the world economic picture dims. Alcoa operates...
Fluctuations in world aluminium capacity
For its size and multi-country production facilities, frequent technology updates and a balance sheet making it a “confident company in a nervous world,” Alcoa of the US is seen as bellwether of the world aluminium industry. Therefore, when Alcoa reported a loss in the final quarter of 2011, the...
Alcoa to pay 3 cent dividend on common stock
Aluminum maker Alcoa Inc. will pay a regular quarterly dividend on its common stock of 3 cents per share. The company said Friday that its common stock dividend will be payable Feb. 25 to shareholders of record at the close of business Feb. 3. Earlier this month, Alcoa reported its first net...
Alcoa unveils new wide base aluminum wheels for trucks
Alcoa Wheels, an Ohio-based business of aluminum producer Alcoa, has unveiled a new line of wide base aluminum wheels for trucks designed to deliver high performance through the company’s proprietary LvL ONE wheel manufacturing process of light weighting. The 14 inch, 58 lbs wide base wheels, being...
Alcoa unveils new wide base aluminum wheels for trucks
Alcoa Wheels, an Ohio-based business of aluminum producer Alcoa, has unveiled a new line of wide base aluminum wheels for trucks designed to deliver high performance through the company’s proprietary LvL ONE wheel manufacturing process of light weighting. The 14 inch, 58 lbs wide base wheels, being...
Aluminum is clearly back after years of overproduction (AA, ACH)
After Alcoa's ( AA , quote ) earnings, the story in aluminum right now is about whether the industry has conquered the overproduction that crippled its margins in recent years. AA represents 10% of global production. Capacity still needs to come down and the Chinese producers like Alchina ( ACH ,...
Alcoa Releases Low-Weight Truck Wheels
Aluminum fabricator Alcoa has launched a new series of wide base that wheels are the lightest 14? aluminum wheels on the market. The new 58 lbs wheels are engineered for high performance through Alcoa’s proprietary LvL ONE wheel manufacturing process of light weighting. By switching from single...
Alcoa Releases Low-Weight Truck Wheels
Aluminum fabricator Alcoa has launched a new series of wide base that wheels are the lightest 14? aluminum wheels on the market. The new 58 lbs wheels are engineered for high performance through Alcoa’s proprietary LvL ONE wheel manufacturing process of light weighting. By switching from single...
Alcoa Introduces New Series of Wide Base Forged Aluminum Wheels
Alcoa (NYSE:AA) announced it recently launched a new series of wide base aluminum wheels. The new line is engineered for high performance through Alcoa’s proprietary LvL ONE® wheel manufacturing process of light weighting. At just 58 lbs., Alcoa’s wide base wheels are the lightest 14” aluminum...
Sir Martin Sorrell Appointed to Alcoa's Board of Directors
Alcoa AA -0.20% announced today that its Board of Directors has appointed Sir Martin Sorrell, 66, a director of the company. Sorrell is founder and Chief Executive of WPP, the world's largest advertising and marketing services group with 2,400 offices in 107 countries. Sorrell founded WPP in 1985...
While prices remain low, opportunities abound for aluminum
While news out of Alcoa initially sounded pessimistic earlier this month, it appears there are some opportunities in the coming year for aluminum production. Alcoa recently announced it was curtailing production and shutting down a facility in Tennessee. The price of aluminum had dropped because...
Charleston Aluminum Announces an Increased Range of Aluminum Armor Plate Inventory for Armor Vehicle Production
Charleston Aluminum is proud to announce an increased range of ballistically tested armor plate is now held in warehouses across the country. The new range of alloys, sizes and volumes of aluminum armor plate materials offers solutions for armored vehicles with the highest possible performance...
UPDATE 2-RUSAL can withstand aluminium price fall to $1,900/t
Top world aluminium producer UC RUSAL, which has sought and won concessions from creditors as prices of the metal have fallen, can cope with further price declines, the company said on Wednesday. "As of today, even though it is difficult, RUSAL smelters can work with $1,900/tonne," the RUSAL press...
THIRD OF ALUMINUM CAPACITY IN CHINA LIKELY TO LIE IDLE IN 2012
About one-third of the aluminum capacity in China is likely to lie idle in 2012, hitting a record high since 2009, due to the rising energy cost and falling prices of aluminum, according to media reports. China's aluminum output is estimated to reach nearly 20 million metric tonnes in 2012 and the...
Rio more exposed to aluminium
The weakening trend in aluminium, which lost nearly a fifth of its value in 2011, holds broader implications for Rio than BHP. Rio became the world's no. 1 supplier of the lightweight metal after buying Alcan in 2007. "Rio is staring down the barrel of a weakening market for aluminium," said a...
ALUMINIUM-Major market developments in December
Aluminium prices fell in December as demand worries weighed, and while a handful of production cutback announcements have since lent the market a steadier tone, lacklustre demand is seen likely to limit moves higher near term. In early January, Alcoa Inc announced it was cutting its global smelting...
