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Alcoa’s Micromill Technology Places It on a Strong Footing

Key Industry Indicators Alcoa Investors Should Track

(Continued from Prior Part)

Alcoa’s Micromill technology

Alcoa (AA) counts the aerospace and automobile industry as its two growth pillars. As part of its transformation strategy, Alcoa is aiming to become a lightweighting powerhouse. The company is a pioneer in producing sheet products for the automobile industry.

Vehicle sales in the US (VTI) (SPY) have been strong, as can be seen in the chart above. Industry sales hit an SAAR (seasonally adjusted annual rate) of 17.72 million, which is the highest in the last several months. The sales figures came in higher than what most analysts were...