BUZZ-ASX-listed Alcoa Corp drops to record low on tepid aluminium prices

Reuters
04-09
BUZZ-ASX-listed <a href="https://laohu8.com/S/AAI.AU">Alcoa Corp</a> drops to record low on tepid aluminium prices

** ASX-listed shares of aluminium giant Alcoa Corp AAI.AX fall as much as 10.2% to a record low of A$37.15

** Aluminum prices fell 1.4% overnight as hopes for talks on tariffs between the U.S. and other countries faded after a White House official said the U.S. would impose a 104% tariff on China within hours MET/L

** Stock posts biggest intraday percentage drop

** Alcoa stock down 36.5%, YTD, including moves in the current session

(Reporting by Jasmeen Ara Shaikh in Bengaluru)

((JasmeenAraIslam.Shaikh@thomsonreuters.com;))

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