Alcoa Still Sees FY Alumina Production 9.8M-10M Metric Tons; Still Sees FY Alumina Shipments 12.7M-12.9M Metric Tons
Portfolio Pulse from Benzinga Newsdesk
Alcoa projects its full-year alumina production to be between 9.8 million and 10 million metric tons, with alumina shipments expected to range from 12.7 million to 12.9 million metric tons.
April 17, 2024 | 8:12 pm
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Alcoa maintains its full-year guidance for alumina production and shipments, indicating stable operational performance and demand.
Maintaining guidance on production and shipments suggests Alcoa is on track to meet its operational targets, which is generally viewed positively by investors. This stability in production and expected shipments could lead to a positive investor sentiment towards Alcoa's stock in the short term.
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