|Exchange:||New York Stock Exchange|
|Alcoa Inc is a Pennsylvania corporation and was formed in 1888. It is engaged in the production and management of primary aluminum, fabricated aluminum, and alumina combined, through its active and growing participation in all major aspects of the industry: technology, mining, refining, smelting, fabricating, and recycling. The Company globally operates in 31 countries. In addition, It has investments and operating activities in Australia, Brazil, China, Iceland, Guinea, Russia, and the Kingdom of Saudi Arabia. Alcoa’s operations consist of four worldwide reportable segments: Alumina, Primary Metals, Flat-Rolled Products, and Engineered Products and Solutions. The main business of the Company’s Flat-Rolled Products segment is the production and sale of aluminum plate, sheet and foil. This segment includes rigid container sheet, which is sold directly to customers in the packaging and consumer market. This segment also includes sheet and plate used in the transportation, building and construction and distribution markets. The main business of the Company’s Engineered Products and Solutions segment is the production and sale of titanium, aluminum and super alloy investment castings, hard alloy extrusions, forgings and fasteners, aluminum wheels, integrated aluminum structural systems and architectural extrusions. These products serve the aerospace, automotive, building and construction, commercial transportation and power generation markets. As of December 31, 2009, Alcoa had approximately 1,234,000 mtpy of idle capacity against total Alcoa Consolidated Capacity of 4,812,900 mtpy. The raw material purchased by the Company in Almina segment are Bauxite, Caustic soda, Electricity, Fuel oil and Natural gas; in Flat-Rolled Products segment are Alloying materials, Aluminum scrap, Coatings, Electricity, Natural gas, Nitrogen, Primary aluminum and Steam; in Primary Metals segment are Alloying materials, Alumina, Aluminum fluoride, Calcined petroleum coke, Cathode blocks, Electricity, Liquid pitch, Natural gas and Silicon carbide; and in Engineered Products and Solutions segment are Alloying materials, Aluminum scrap, Cobalt, Copper, Electricity, Natural gas and Nickel. It is subject to highly competitive conditions in all aspects of its aluminum and non-aluminum businesses. Alcoa’s competitors include a variety of both U.S. and non-U.S. companies in all major markets. In addition, aluminum competes with other materials, such as steel, plastics, composites, and glass, among others, for various applications in Alcoa’s key markets. The Company's operations are affected by Governmental policies, laws and regulations, and economic factors, including inflation and fluctuations in foreign currency exchange rates and interest rates.|
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