Shares of Alcoa and Century Aluminum rose after China's finance ministry said it would cancel its export-tax rebate for aluminum. In midday trading Friday, Alcoa's stock was up 8.6%, while Century Alu ...
BEIJING: China’s finance ministry said on Friday it would reduce or cancel export tax rebates for a wide range ...
Aluminum soared as China announced it was removing a tax rebate that covers over 5 million tons of exports of the metal.