Alcoa Sales Growth to Slow as China Tackles Inflation

Bloomberg.com reports that Alcao (NYSE:AA) says that aluminum growth will begin to wane as Chinese measures to curb inflation take effect.

The story is quoted as saying:

Construction is such a huge part of first-end use of aluminum in China, almost 50 percent,” Peter Richardson, chief metals economist at Morgan Stanley Australia Ltd., said by telephone from Melbourne today. “The measures that have been progressively ratcheted up to control speculation and other excesses within construction and high-end property would have inevitably been expected to be reflected in slower growth

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