More on Alcoa's (AA) Q3 results: AA moderates its 2012 global aluminum demand forecast to 6%,...

|By:, SA News Editor

More on Alcoa's (AA) Q3 results: AA moderates its 2012 global aluminum demand forecast to 6%, down from 7%, as a slowdown in China slightly impacts its H2 outlook. The aluminum market grew 13% in 2010 and 10% in 2011, and is well ahead of the 6.5% compound annual growth rate needed to meet AA's projection of a doubling of demand from 2010 to 2020.