Business Insider -
8 Jul 2013 23:55

Aluminum demand is highly cyclical, so it gives us a good sense economic activity. And Alcoa is the world's biggest producer of aluminum. Here are two charts from Alcoa's Q2 earnings presentation depicting the state of the global economy. Demand is still positive everywhere but Europe: All green in China, though there's a slightly more mixed picture in North America: Alcoa shares were trading higher after hours. SEE ALSO: Morgan Stanley's Updated Commodities Price Outlook Join the conversation a...
Share this Article
Comment on this Article
Please to comment