Thx. This is a curious business. A potentially huge plus to earnings is the improvment in the alumina pricing. Alumina has been a drag on earnings for several qtrs. It has recently disappointed again on pricing, but turned marginally to profit.
I can't support as fact, but the urban legend that I believe is AA controling a larger portion of world market in alumina than aluminum. If that is indeed the case, better future pricing in alumina could ring the register.