An Alcoa logo is seen on glass at the corporate headquarters January 7, 2009 in Pittsburgh, Penn.
An Alcoa logo is seen on glass at the corporate headquarters January 7, 2009 in Pittsburgh, Penn. - 
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Alcoa reports earnings this Wednesday. The aluminum manufacturer is hoping to boost earnings by producing less aluminum, or smelting. Increased competition, especially from China, is pressuring Alcoa to reduce costs, close smelting plants and focus on more sophisticated finished aluminum products. This part of a strategy to compete against China, which once produced 5 percent of the world’s aluminum. Now it produces 50. And it’s being exported. 

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