Yinbang Clad Material Co Ltd <300337.SZ>: Sees net profit for Q1 2017 to be 20 million yuan to 25 million yuan, compared to net loss of the same period in 2016 (8.0 million yuan) .Comments that increased sales of aluminum business and recording of government subsidy are the main reasons for the forecast.
Hebei Sitong New Metal Material Co Ltd <300428.SZ> :Says it plans to halt assets restructuring due to market conditions, policies.
Guangdong Hec Technology Holding Co Ltd <600673.SS> :Says its shares to halt trading from Nov 16 pending announcement related to possible asset restructuring.
United Steelworkers : United Steelworkers - USW reaches agreement with Alcoa on effects of Alcoa/Arconic split . United Steelworkers - master agreement between Alcoa and USW covers approximately 6,000 employees at 12 locations .United Steelworkers says master agreement between Alcoa and USW expires May 15, 2019.
MHM Metals Ltd
Jiaozuo Wanfang Aluminum Manufacturing Co Ltd <000612.SZ> :Says terminates assets restructuring plan.
Fujian Minfa Aluminium Co Ltd:Says to dissolve a wholly owned Shanghai-based trading company.
Alcoa Inc:Announced it is taking further action to increase the competitiveness of its Upstream business amid prevailing market conditions.Alcoa will permanently close its 269,000 metric ton Warrick Operations smelter in Evansville, Indiana by the end of the first quarter 2016.Rolling mill and power plant at Warrick Operations will continue to operate.By the end of the second quarter 2016, the Company will reduce alumina production by one million metric tons, which includes curtailing the remaining 810,000 metric tons of refining capacity at its Point Comfort operations in Texas.