Alcoa Surges 11% After Iran Claims Aluminum Plant Attacks - Alcoa (NYSE:AA), Century Aluminum (NASDAQ:CEN
Century Aluminum Company (NASDAQ:CENX) , the other major U.S.-listed producer, was up roughly 10% on the same move.The IRGC hit Aluminum Bahrain’s facility, the world’s largest single-site smelter at 1.6 million metric tons of annual capacity, and Emirates Global Aluminum’s Al Taweelah site. EGA reported “significant damage,” according to CNBC. Aluminum Is The New OilAluminum Bahrain, the world’s largest single-site aluminum smelter, had already cut 19% of production on March 15 because of reduced traffic t ...