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Alcoa sees China curbs balancing aluminium market

Fri, Oct 20, 2017 - 5:50 AM

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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