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Alcoa sees China curbs balancing aluminium market
An aluminium plant in Shandong province. The metal is on pace for its best year since 2009 and leading all but copper among commodities tracked by the Bloomberg Commodity Index.
PHOTO: REUTERS
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...
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