Alcoa Takes Hit From Falling Prices in Second-Quarter 2013, but Expects Demand to Stay Strong, an Industrial Info News Alert

SUGAR LAND, TX -- (Marketwired) -- 07/10/13 -- Researched by Industrial Info Resources (Sugar Land, Texas) -- Aluminum producer Alcoa Incorporated (NYSE:AA) (Pittsburgh, Pennsylvania) saw its profits decline in the second quarter of 2013 as falling metal prices and a series of charges related to the closing, restructuring and legal activities offset record profitability in the company's downstream businesses. Industrial Info is tracking more than $5.1 billion in active Alcoa projects that are under way in response to growing demand.

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