Lower prices hurt Alumina, Alcoa

ALCOA has posted a steep fourth quarter loss due to restructuring costs as a result of lower alumina and aluminium prices.

Lower prices hurt Alumina, Alcoa Lower prices hurt Alumina, Alcoa Lower prices hurt Alumina, Alcoa Lower prices hurt Alumina, Alcoa Lower prices hurt Alumina, Alcoa

The US major recorded a December quarter net loss of $US500 million, but excluding special items, the result was net income of $65 million.

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