Examining Alcoa's Alumina Business

In 2013, Alcoa's alumina division revenues were $3.3 billion from third-party sales while inter-segment sales accounted for $2.2 billion worth of sales. For Q1 2014, Alcoa expects around 65% of alumina third-party shipments to be linked to the alumina price index or spot price. When Alcoa releases its Q1 report next month, we will check whether this assertion has borne out.