Carole Vaporean

Position: Journalist

Articles

UPDATE 2-Alcoa ordered to repay Italy state aid; will idle ops November 19, 09:54pm EST 

MILAN/NEW YORK, Nov 19 (Reuters) - Alcoa Inc <AA.N> said on Thursday it will temporarily idle operations at its two smelters in Italy after the European Commission ordered the U.S. aluminum producer to pay back most of the state aid it has received ...  Full Article 

Blog Posts

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Base metals ripe for downside corrections

USA/After an interview this week for Reuters Investment Summit, Brian Fabbri, chief U.S. economist at BNP Paribas said he did not think gains in base metal prices over the last 3 months accurately reflect how weak fundamentals are, especially in the economies of major users U.S., Europe and Japan, adding that industrial metals prices would need to correct lower.  Full Article | Comments [2] 

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Did Rio turn the iron ore tables?

                             Global miner Rio Tinto said it had an excellent relationship with Chinalco, despite a decision to scrap a proposed $19.5 billion tie up with the Chinese firm ...  Full Article 

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Will Russia cut aluminum production after winter thaw?

On Alcoa's quarterly conference call this week, CEO Klaus Kleinfeld pointed out that there is currently a 1.4 million tonne aluminum surplus in the world outside of China, and therefore to expect more ...  Full Article