Alcoa Corp at Bank of America Merrill Lynch Global Metals, Mining & Steel Conference Transcript
(technical difficulty)
Difference in aluminum and alumina. It's a broad topic. You can pick which one you want to start with, but I think it'd be really helpful to get an overview of how you're seeing the market.
Questions & Answers
Certainly. So it is a broad question, let's try and break it into smaller pieces. So from an aluminum standpoint, so we'll start with the topic and work our way backwards. So what we're seeing are some very positive market dynamics, so when you think about the supply/demand situation, and we're in a deficit over the course of 2019, we're in a deficit in '18 as well. What we're also seeing is that inventories are coming down. So we're still not yet at the level where we were prior to the global financial crisis, but we are on the way and continuing to see this year progress.
So relatively positive fundamentals from the supply/demand standpoint. Pricing, on the other hand, has
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
Trustpilot
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
