U.S. Aluminum Industry Gets No Respect

U.S. Aluminum Industry Gets No Respect

Assessment

Interactive Video

Business, Architecture

University

Hard

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Century's largest aluminum plant in Kentucky is struggling due to low aluminum prices, which are the lowest since 2003. The plant has reduced its workforce and production capacity, focusing on high-purity metal. However, global oversupply, driven by China's production and subsidies, exacerbates the issue. Power costs are a significant challenge, and there are calls for the WTO to address China's subsidies. If the situation doesn't improve, the plant may close, leading to job losses and forcing companies like Airbus and Boeing to source aluminum from abroad.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What percentage of aluminum production does the plant in Kentucky account for?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What has happened to the workforce at the Hallsville factory?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

How much have aluminum prices decreased from their peak in 2011?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the main reason for the current struggles faced by the aluminum plant?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What impact would the closure of the plant have on local employment?

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