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Alcoa CEO: China Isn't Going To Slow Aluminum Production -Fox Business

DOW JONES NEWSWIRES Demand for aluminum in China is growing heavily and the country isn't likely to slow down production, Alcoa Inc.'s (AA) chief executive told Fox Business Network on Wednesday. Klaus Kleinfeld said that despite having to import most of its bauxite and the high cost of energy to produce aluminum, China will continue ramping up production to meet demand. World aluminum demand growth, he said, is at 7%. Increased production of Chinese aluminum isn't a threat to the global market because China isn't going to export the lightweight metal, Kleinfeld told Fox Business. He also said the country is likely to restructure its heavy energy industry, which aluminum is part of. Website: http://www.foxbusiness.com -Dow Jones Newswires; 212-416-2900

Stock News for Alcoa (AA)
DateTimeHeadline
07/26/201519:10:14Companies to Pledge $140 Billion in Effort to Cut Carbon Emissions
07/24/201516:05:00RTI International Metals, a Subsidiary of Alcoa Inc., Announces...
07/23/201517:30:15Post-effective Amendment to an S-8 Filing (s-8 Pos)
07/23/201517:27:14Securities Registration: Employee Benefit Plan (s-8)
07/23/201517:25:28Prospectus Filed Pursuant to Rule 424(b)(5) (424b5)
07/23/201517:23:39Current Report Filing (8-k)
07/23/201517:22:42Current Report Filing (8-k)
07/23/201509:02:00Alcoa Realigns Downstream Portfolio to Drive Greater Profitability...
07/23/201509:01:00Alcoa Completes Acquisition of RTI International Metals, Growing...
07/22/201517:21:51Quarterly Report (10-q)
07/21/201517:52:00RTI International Metals Shareholders Voted in Favor of Acquisition...
07/21/201516:27:00Alcoa Board Approves Quarterly Dividends
07/17/201516:11:033 Stocks to Watch in Metals and Mining
07/15/201518:16:03What Alcoa's Management Said About the Industrial Sector
07/14/201517:45:00PayPal Holdings Set to Join S&P 100 & 500; Others to Join S&P...
07/14/201517:15:00Indices S&P Dow Jones annonce des modifications à certains indices...
07/14/201517:15:00S&P Dow Jones Indices Announces Changes to the S&P/TSX Canadian...
07/13/201517:10:40Current Report Filing (8-k)
07/13/201516:14:02Alcoa's 3 Biggest Growth Opportunities
07/09/201520:13:08Why Alcoa's Management Sees Better Times Ahead

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