Results in brief:
Alcoa’s adjusted third-quarter 2020 earnings before interest, taxes, depreciation and amortization (Ebitda), excluding special items, was $284 million, a 54% increase on second quarter - primarily because of higher aluminium prices. But earnings were down from $388 million in the third quarter of 2019.
A net loss of $49 million was reported for the third quarter, compared with net loss of $197 million in the second quarter.
Alcoa said the sequential improvement was primarily due...