Alcoa Expects 2023 Total Alumina And Aluminum Shipments To Remain Unchanged 12.7-12.9 Million Metric Tons, And 2.5-2.6 Million Metric Tons, Respectively
Portfolio Pulse from Benzinga Newsdesk
Alcoa Corporation (AA) has projected that its total alumina and aluminum shipments for 2023 will remain unchanged at 12.7-12.9 million metric tons and 2.5-2.6 million metric tons, respectively.
July 19, 2023 | 8:14 pm
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Alcoa's announcement of steady shipment projections for 2023 may indicate stability in its operations, which could be perceived positively by investors.
Stable shipment projections suggest that Alcoa expects no significant disruptions in its operations or demand for its products in the near future. This could be seen as a positive sign by investors, potentially leading to a positive impact on the company's stock price in the short term.
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