RPT-U.S. aluminum premiums rise as Alcoa cutbacks signal turnaround
November 04, 2015 at 07:00 AM EST
NEW YORK, Nov 3 (Reuters) - U.S. aluminum premiums have jumped to their highest in three months after Alcoa announced plans to idle the bulk of its U.S. smelting capacity, stirring speculation among traders that the market may have turned a corner.