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Alcoa reported third-quarter revenue of $3.7 billion and net income of $483 million, up from $407 million in the prior quarter. The company also reported increased aluminum production and six year-to-date production records.
Nickel traded around $15,600 per tonne, remaining near a recent over nine-month low of $15,510, as persistent oversupply and a stronger US dollar weighed on prices. LME inventories remained elevated at around 283,000 tonnes in early October, underscoring ample availability despite production disruptions, while Indonesi