Daily Archives: January 5, 2012

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Alcoa announces cutbacks… but how much?

Yesterday Alcoa announced that they would curtail or close 531,000t of annual capacity, being 12% of their total.   The announcement was well covered by the world’s financial and business press, but poorly analysed. The announcement did not specify which plants would suffer the cuts, save the two plants which are already in mothballs.   Continue Reading