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aluminum-investing

Rising Aluminum Prices Underpin Alcoa Stock Price

Investing News Network
Feb. 17, 2011 08:09PM PST
Market News

Forbes reports that Alcoa (NYSE:AA) has a significant influence on the aluminum industry.

Forbes reports that Alcoa (NYSE:AA) has a significant influence on the aluminum industry.

The market news is quoted as saying:

The primary metals division produces primary aluminum used by Alcoa’s fabricating businesses, and it is sold to external customers, aluminum traders and on commodity markets. While our analysis shows that it was Alcoa’s most valuable division in terms of contributor to shareholder’s income, we have further increased our estimates for the overall value of the division going forward.

Click here to access the entire news

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