Coronavirus crimping alumina supply but smelting impact unclear, Alcoa says [Seeking Alpha]
Alcoa Corporation (AA)
Last alcoa corporation earnings: 4/22 04:10 pm
Check Earnings Report
US:NYSE Investor Relations:
investors.alcoa.com
Company Research
Source: Seeking Alpha
Coronavirus crimping alumina supply but smelting impact unclear, Alcoa says Feb. 25, 2020 6:42 PM ET | Alcoa Corporation (AA) Carl Surran The coronavirus outbreak has had the most visible effect on alumina supply "For the refiners, and particularly those refineries inside of China, they are starting to see real supply chain bottlenecks, whether its bauxite or caustic soda or coal gas," Harvey told the BMO Capital Global Metals and Mining Conference in Hollywood, Fla. "We're now seeing impacts on 3M-5M metric tons of refining capacity that is lowering alumina production." Transportation problems and alumina shortages in China are driving up the country's alumina prices as well as alumina prices around the world, the CEO said. "That's a very good thing for alumina pricing, but the aluminum smelters are demanding that alumina," Harvey said. "But in smelting, we have not yet seen an impact in supply. Smelters will also run short of anodes if they can't get them delivered, and the
Show less
Read more
Impact Snapshot
Event Time:
AA
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
AA alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
AA alerts
High impacting Alcoa Corporation news events
Weekly update
A roundup of the hottest topics
AA
News
- What's Hurting The Aluminum Market Should Be Good For Alcoa [Seeking Alpha]Seeking Alpha
- Industrial leader Dag J. Opedal elected to be the new Chair of HydrogenPro ASA [Yahoo! Finance]Yahoo! Finance
- Alcoa raised at Morgan Stanley on cost saving measures [Seeking Alpha]Seeking Alpha
- Alcoa Co. (NYSE: AA) was upgraded by analysts at Morgan Stanley from an "underweight" rating to an "equal weight" rating. They now have a $36.50 price target on the stock, up previously from $28.50.MarketBeat
- Alcoa Co. (NYSE: AA) was downgraded by analysts at StockNews.com from a "hold" rating to a "sell" rating.MarketBeat
AA
Earnings
- 4/17/24 - Miss
AA
Sec Filings
- 4/30/24 - Form DEFA14A
- 4/24/24 - Form DEFA14A
- 4/18/24 - Form DEFA14A
- AA's page on the SEC website