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Alcoa considers cutbacks

ALCOA will assess the possibility of curtailing up to 11% of its global smelting capacity to maintain competitiveness, citing a 33% drop in aluminium prices since their peak in 2011.

Justin Niessner
Alcoa considers cutbacks

The company says it will review 460,000 tonnes of smelting capacity with a focus on higher-cost plants and facilities with long-term risk, due to factors such as energy costs or regulatory uncertainty....

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