Alcoa Drops as $1 Billion Revamp Faces World Awash in Metal

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Jan.16 — Alcoa Corp. shares posted the biggest decline since mid-2018 after the top U.S. aluminum producer reported a wider-than-expected loss and said it sees global output of the metal outstripping demand this year. Bloomberg’s Joe Deaux and Alix Steel discuss the company and the aluminum market.


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