11. Alcan, an aluminum producer based in Montreal, reported second-quarter earnings on Monday that were well below estimates. 12. Alcan, along with other aluminum producers, is pushing the European Union to repeal the duty. 13. Alcan is the second-largest aluminum producer in the world, behind Aluminum Company of America and the largest manufacturer of rolled aluminum products. 14. Alcoa was the first U.S. aluminum producer to report fourth-quarter results. 15. Even if the mergers result in fewer aluminum producers, aluminum itself is a basic commodity that is in in ample supply throughout the world. 16. First, the collapse of the Soviet economy led to heavy selling of aluminum by Russia, a huge aluminum producer, in a panicky quest for hard currency. 17. He expects the elimination of most if not all of the subsidies now enjoyed by aluminum producers, irrigators and private utilities. 18. He said aluminum producers could cut sheet prices in half, though a one-third reduction would be sufficient to attract automakers. 19. Irrigators, power generators and aluminum producers certainly have a vital interest in the salmon battle. 20. Kaiser stood to gain the most from a merger with Alumax, the bigger and more profitable of the two aluminum producers. |