CAPITAL MARKETS

Lower prices hurt Alumina, Alcoa

Alcoa posts steep fourth quarter loss due to restructuring costs as result of lower alumina and a...

Kristie Batten
Lower prices hurt Alumina, Alcoa

The US major recorded a December quarter net loss of $US500 million, but excluding special items, the result was net income of $65 million. The special items mainly related to closures and curtailments...

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