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AA - Alcoa Corporation Faces Major Operational Headwinds Into The End Of FY24
Alcoa Corporation
2024-04-19 12:04:46 ET
Summary
Alcoa may face significant challenges in restarting their Alumar facility and selling the unviable San Ciprian complex.
Aluminum prices may be supported by the Biden administration's proposed trade tariffs on Chinese steel and may benefit Alcoa's journey towards profitability.
Alcoa is positioning itself to capture growth in the expanding aluminum market driven by renewable energy and electric vehicle adoption.