China Buying Boeing Supplier Signals Aluminum’s FutureBloomberg News
Top producer of metal using glut to make higher-value products
Changing market spurs Alcoa to split as Liu swallows Aleris
China’s emergence as the world’s biggest aluminum maker has shaken up the industry, creating a surplus that forced competitors to close plants as profit fell. Alcoa Inc., an iconic American producer for more than a century, has shuttered smelters in the U.S. and plans to split itself in two.
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