SUBSCRIBERS
Alcoa sees China curbs balancing aluminium market
Published Thu, Oct 19, 2017 · 09:50 PM
New York
ALCOA Corp sees Chinese cuts in aluminium production returning the global market to "relative balance" as the Asian nation's supply-side reforms begin to bite.
The largest US aluminium producer reduced its global surplus forecast for the lightweight metal this year as China appears to be holding to its promise to curb capacity to meet pollution-control targets.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Energy & Commodities
Saudi Arabia hikes oil selling prices for all grades to Asia
BHP’s biggest rivals sit on the sidelines of Anglo M&A drama
ExxonMobil to take 18 to 24 months to hit full stride with Pioneer purchase
Oil settles down on US jobs data, steepest weekly loss in three months
Glencore Group nears deal for Shell’s Singapore oil refinery
Opec+ may need to tackle oil capacity conundrum next month