The AWC story is the alumina supply/deficit, Indonesia ban and improving margins story, headwind is the AUD
Alcoa on the other hand has been increasing mainly off the back of it's downstream products business, aluminium sheet, new developments in auto etc
The upstream business, AWAC, does not have the same drivers at present, it is driven by other factors at the moment, although the two will link at some point in the future
AWC Price at posting:
$1.34 Sentiment: None Disclosure: Held
