Alcoa May Close Or Sell Some Aluminum Plants To Cut Costs

Alcoa Inc. may close or sell 14 percent of its smelting capacity and 16 percent of its refining capacity in a move to lower costs in the face of falling aluminum prices and higher production in China.

New York-based Alcoa, which has significant operations in Pittsburgh, said it will review high-cost operations across its global system of aluminum production facilities over the next 12 months.

Read more: http://triblive.com/business/headlines/7914995-74/aluminum-capacity-percent#ixzz3TcpomCh1
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