Alcoa cuts number of layoffs caused by closing plant

In a statement released Wednesday, Alcoa Warrick Operations spokesman Jim Beck said the number of layoffs have been reduced from an estimated 600 to about 325. He said the reduction is due to transfers and inducements offered by the company.

Friday, March 11, 2016

Why Alcoa Inc.'S Shares Rose Over 22.5% In February

So what: The real story at Alcoa is its pending breakup into an aluminum maker and a specialty parts company. And there was some good news on this front last month: The company reached an agreement with activist investor Elliott Management that should help pav...

Tuesday, March 8, 2016

OM : Hanwa CB Extension

[Ferro-Alloys.com]The Board of OM Holdings Limited ("OMH" or "the Company") is pleased to advise that it has today reached an agreement and executed with Hanwa Co., Ltd ("Hanwa") an Amendment and Restatement Agreement ("ARA") in respect of the Convertible Note...

Monday, March 7, 2016

Is It Time For India To Go Upstream?

The recent invitation by the government of India to PV industry experts to participate in assessing the technical and financial feasibility of an upstream polysilicon, ingot and wafer manufacturing cluster in the country might have raised some eyebrows among t...

Friday, March 4, 2016

Chinese Aluminum Exports Fall, but Have They Come Down Enough?

One of the major challenges facing the global aluminum industry has been the rise in Chinese aluminum exports. China’s aluminum exports rose by 10% YoY (year-over-year) in 2015. In November, there were reports that China (FXI) was planning to curtail some of ...

Friday, March 4, 2016

Chinese Ferrosilicon De-Capacity Meeting Was Held Successfully

[www.ferro-alloys.com] Erdos Holding Group and Junzheng Group Jointly organized a meeting to save Chinese ferrosilicon industry by eliminating outdated capacity. 25 ferrosilicon companies took part in this meeting, accounting for 93% of the total capacity in C...

Friday, March 4, 2016

A Ferrosilicon Technological Service Company Will Be Set Up to Quicken the De-capacity Process in China

[www.ferro-alloys.com] Chinese ferrosilicon industry is facing with a great change. 2016 Central Economic Working Conference put forward the task of De-capacity. Recently most Chinese ferrosilicon enterprises took part in a ferrosilicon industry meeting, which...

Friday, March 4, 2016

Alcoa Stock Hopes to Prove Its Mettle

For many years, the slogan of Alcoa (ticker: AA) – accented with a five-note mini-jingle – was "Alcoa can't wait." But skeptical investors, not exactly known for whistling happy tunes, have grave doubts when it comes to betting on the lightweight metals tech...

Thursday, March 3, 2016
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