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Trump weighs tariffs, quotas on US steel, aluminium imports

By: Reuters     14th February 2018 US President Donald Trump said on Tuesday he was considering a range of options to address steel and aluminium imports that he said were unfairly hurting US producers, including tariffs and quotas. Trump's comments - his strongest signal in months that he will take at least some action to... 

Arconic sinks on earnings miss; appoints former GE boss as CEO

By: Henry Lazenby     23rd October 2017 The New York-listed equity of alloy metals specialist Arconic dipped on Monday after the company reported disappointing third-quarter results. The New York-headquartered company revealed a headline profit of $132-million, or $0.25 a share, compared with $137-million in the comparable quarter of... 

Alcoa board OKs split, sets Nov 1 effective date

By: Henry Lazenby     30th September 2016 The board of US-based aluminium and lightweight alloys producer Alcoa has given the green light for its demerger into two publicly traded companies, setting November 1 as the effective date. Spearheaded by CEO Klaus Kleinfeld, the separation will see the company's upstream aviation and specialist... 

China's Chalco suffers bigger than forecast Q4 loss

By: Matthew Hill     16th March 2012 Aluminum Corp of China Ltd (Chalco) reported a bigger-than-expected fourth-quarter net loss of 729.6-million yuan ($115.3-million) on Friday, showing the impact of lower metal prices and higher costs, and warned of losses in the first quarter of 2012. Chalco, the country's top aluminium maker,... 

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