Copying and distributing are prohibited without permission of the publisher
Alcoa slashing production in Brazil
March 28, 2014 - 23:11 GMT
Pocos de Caldas
Rio Tinto Alcan
Alcoa plans to stop smelting aluminium at its first plant in Brazil and will further cut production at another smelter.
"Across the globe, we are taking measures to curtail
high-cost smelting capacity that is not competitive and reshape
our cost profile," Robert Wilt, president of Alcoa's global
primary products division, said in a statement. Alcoa, which
cut 34,000 tonnes of annual capacity at its Pocos de Caldas
smelter in Brazil last year, now plans to idle the last three
potlines, which have an annual capacity of 62,000 tonnes. Alcoa
also intends to curtail production at...
All material subject to strictly enforced copyright laws. ©
Euromoney Institutional Investor PLC.
Please log in using your online subscriber details.
Your username will be your registered email address with Metal Bulletin.
If you aren't a subscriber yet, feel free to take a seven day free trial, or subscribe using the instructions below.
A standard subscription include one year's worth of news and prices. You can also upgrade to the full archive and benefit from more than 15 years of intelligence. Start your subscription today.
Taking a free trial will give you open access to Metal Bulletin online news, prices, archived content and email alert service for the next seven days. Start your free trial today.