Industry News

Alcoa’s share price rises by 95% on investors’ interest

Views : 289
Update time : 2020-06-11 19:16:49
It was reported that Alcoa’s share price rose by 95% over the past three weeks as this top aluminum firm on the New York Stock Exchange (NYSE) has attracted investors’ interest.

Due to the economic recovery after the COVID-19 lockdowns, Alcoa’s share price climbed from US$6.66 on May 15 to last sales of US$12.98, and the aluminum price on the London Metal Exchange (LME) also hiked to 71 cents/lb from roughly 64.5 cents/lb.
Related News
Read More >>
US aluminium trade trends down with imports dampened by 12% in February 2025 US aluminium trade trends down with imports dampened by 12% in February 2025
May .09.2025
US aluminium trade trends down with imports dampened by 12% in February 2025
Geneva to host the world’s most expensive conversation between China and US Geneva to host the world’s most expensive conversation between China and US
May .09.2025
Geneva to host the world’s most expensive conversation between China and US
Expectations of weakening market demand grow stronger, with short-term domestic aluminium prices expected to fluctuate considerably Expectations of weakening market demand grow stronger, with short-term domestic aluminium prices expected to fluctuate considerably
May .09.2025
Expectations of weakening market demand grow stronger, with short-term domestic aluminium prices expected to fluctuate considerably
India launches aluminium recycling portal amid circular economy push and global trade shifts India launches aluminium recycling portal amid circular economy push and global trade shifts
May .09.2025
India launches aluminium recycling portal amid circular economy push and global trade shifts