- The U.S. Department of Labor grants Trade Adjustment Assistance to workers at Alcoa's (AA +7.2%) Intalco aluminum smelter in Washington state, after the workers complained that Chinese dumping threatened their jobs.
- The DoL does not mention China in its response, but the ruling could serve as evidence of injury to workers in any potential trade case.
- The 279K metric ton/year Intalco facility is expected to suspend production at the end of Q2.
U.S. OK for aid to Alcoa smelter workers could aid potential trade case
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| Symbol | Last Price | % Chg |
|---|---|---|
| AA | - | - |
| Alcoa Corporation | ||