Alcoa Incurs Loss, but Predicts Improved Demand - News Summed Up

Alcoa Incurs Loss, but Predicts Improved Demand


Alcoa Corp. posted a fourth-quarter loss as sales fell 27%, but the aluminum maker expects demand for the metal to pick up this year. The company also said Wednesday that global demand for aluminum is likely to rise in a range of 1.4% to 2.4% this year. That would be an improvement compared with last year, when Alcoa believes demand slipped.


Source: Wall Street Journal January 15, 2020 23:06 UTC



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