Alcoa Sees Better Pricing for Aluminum After Russian Ban

Alcoa Sees Better Pricing for Aluminum After Russian Ban·The Wall Street Journal
Bob Tita
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Alcoa says last week’s decision by the U.S. and U.K. to ban imports of Russian aluminum will help alleviate unwanted Russian aluminum from distorting the global market price for the metal. “We’ve been supporting this type of action and really advocating for it for a couple of years now,” Chief Executive William Oplinger said late Wednesday during a conference call with analysts. Since the start of Russia’s war against Ukraine in 2022, many aluminum buyers in the West have voluntarily avoided aluminum from Russia.

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