- Reuters - UK Focus•5 hours ago
The gloves have just come off in the simmering dispute between the United States and China about that country's rising exports of aluminium. The United States last week launched a formal complaint at the World Trade Organization (WTO), taking aim at China's "subsidies to certain producers of primary aluminum". Such subsidies, the United States claims, have "artificially" increased China's capacity, production and market share leading to depressed prices and causing "serious prejudice" to U.S. interests.
- Reuters•16 hours ago
Plans to provide government support to keep open a 30-year-old aluminium smelter in Australia owned by Alcoa have made "progress", parties involved in talks said on Monday without giving details. The government is offering financial support to help supply the Portland smelter in southern Australia with sufficient power in the wake of a blackout late last year that left it running at only one-third of its 300,000-tonnes-per-year capacity. "Significant progress has been made over the weekend, with great demonstrations of good faith from all parties working to find a solution for the future of the Portland smelter," Australia's industry minister, Greg Hunt, and Victoria state treasurer Tim Pallas said in a joint statement.
The 6-cent per share quarterly dividend will be paid on Feb. 25 to shareholders of record as of Feb. 3.
AA: Summary for Alcoa Corporation Common Stock - Yahoo Finance
Alcoa Corporation (AA)
NYSE - NYSE Delayed price. Currency in USD
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|Day's range||32.53 - 33.43|
|52-week range||20.00 - 33.50|
Trade prices are not sourced from all markets
|PE ratio (TTM)||-5.55|
|Dividend & yield||N/A (N/A)|
|1y target est||N/A|