Alcoa Corporation

Japanese Premiums For Aluminium Shipments Increase By 3 Percent In Third Quarter

Japanese Premiums For Aluminium Shipments Increase By 3 Percent In Third Quarter

Third-quarter premiums for Japanese aluminium shipments will rise by 3 percent to US$108 per metric ton thanks to a fall-off in supply that overrode apprehension over a possible drop in regional demand. The rise in premiums is the second consecutive rise, following...


Aluminium Tariffs Are Bad, But Quotas Are Worse: Alcoa CEO Harvey

In light of reports that negotiators from the United States government are pushing for quotas to replace the Section 232 tariffs on aluminium and steel on imports from Mexico and Canada, Alcoa’s top man echoed sentiments made by negotiators in opposition to a quota system late last week. In an earnings call last week, Alcoa […]

Drop In Alumina And Aluminium Prices Take A Toll On Alcoa’s Q1 Bottom Line

American aluminium pioneer Alcoa Corporation released results for the first quarter of 2019 on Wednesday. The firm’s numbers struggled in the quarter largely due to a decline in global aluminium and alumina prices. In the opening quarter this year Alcoa posted revenues of US$2,719 million, down from the prior quarter’s revenues of US$3,344 million and […]

Alcoa Inks Seven-Year Power Deal For Massena Plant

Alcoa’s Massena plant has reached a new, seven-year deal with the New York Power Authority to provide electricity to the plant, picking up where the existing deal leaves off at the end of this month. The new contract, which runs through 2026, will provide the plant with 240 MW of low-cost hydropower sourced from NYPA’s […]

Alcoa Nixes Offer For Binding Arbitration At Aluminerie de Bécancour As 13-Month Lockout Continues

After over a year of on-and-off negotiations between management and labor at Aluminerie de Bécancour, Alcoa Corporation opted to decline an offer for binding arbitration talks by the United Steelworkers union. According to union spokesperson Clairandree Cauchy, the USW’s 700 workers of Local 9700 voted unanimously in favor of seeking binding arbitration. For its part, […]