Benefiting from the rise in aluminum prices, Alcoa will give a strong quarterly report

Alcoa Inc., which will announce its latest quarterly earnings report on the 11th, is expected to benefit from the rise in aluminum prices and the increase in demand from the metals industry, giving a fairly strong quarterly result for the unofficial US stock company's earnings season. A good head.   Chicago-based trader Morningstar analysts believe that "global aluminum demand is gradually increasing, most people think that Alcoa's earnings will be better than the previous quarter." According to a survey of market analysts, the US aluminum The company's earnings per share for the first quarter of this fiscal year is expected to be 27 cents, sales revenue will reach 6.14 billion US dollars; the company's earnings per share for the same period last year was 10 cents, revenue of 4.89 billion US dollars. Data show that since the beginning of 2011, aluminum prices have risen by 7 cents to the current $ 1.20 per pound; the global market demand growth led by China has supported the overall rise in the price of various metals in recent months. However, analysts also pointed out that the rise in aluminum prices may take some time to reflect the company's earnings, so Alcoa's second-quarter earnings may have more obvious improvement, "although although the performance improvement has a delay effect, the overall The trend is still good."

Finishing Nails

Finishing Nails


Finishing nails act as the fasteners while offering a decorative effect. It also called lost-head nails, brad nails, headless nails, furniture nails and bullet nails. The upholstery finishing nails are made of tough & slender steel wires. The finished product has a small globular head that is only slightly larger than the shank. When driven into the wood, it is slightly beneath the surface, then covered with putty or other paint you like. Therefore, finishing nails are visually unappealing in interior decorations, furniture making, and other finish works where modification surface is needed.

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