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Alcoa Bears: Ignore the Risks at Your Own Peril

Alcoa Bears: Ignore the Risks at Your Own Peril

In the previous article, we looked at some of Alcoa’s (AA) bullish drivers. Chinese overcapacity is still among the biggest challenges for aluminum producers such as Rio Tinto (RIO) and Norsk Hydro (NHYDY). Chinese aluminum exports have been elevated this year despite President Donald Trump’s Section 232 tariffs.