AA
Aluminum · Basic Materials
Analyst
Morgan Stanley
Equibles does not estimate personal net worth.
Carlos De Alba is recorded as Analyst at Morgan Stanley. Carlos De Alba has spoken on 31 earnings calls and 3 other investor events across 13 companies, most recently for Steel Dynamics Inc on October 20, 2026. Those appearances were for Alcoa Corp (AA), MP Materials Corp. (MP), Nucor Corp (NUE), Steel Dynamics Inc (STLD), COMMERCIAL METALS Co (CMC) and 8 other companies. The companies whose calls Carlos De Alba spoke on are classified in the Basic Materials and Industrials sectors.
“And let me join the congratulatory comments for both Mark and Teresa. And my question is on the steel mills. Any caller, maybe Mark or Teresa, on how you see the margins in that business trending? in the fourth quarter, maybe early 2027.”
“So, on the cash flow generation, maybe just to see if you can provide a little bit more color as to what you're expecting on working capital to close out the year.”
“So the first question that I have is on the guidance. So maybe flat alumina, it's a little bit surprising to us given what we believe has been higher spot prices in recent months.”
“The first one is maybe, Maria Jose, if you can give us a little bit more color on the decline, particularly on the timing, when you expect to be completed, maybe the progress that you're expecting to do in the coming months or quarters, and maybe the CapEx deployment, how should we plan to include that in the model?”
“Just wanted to explore maybe, Heather, if you can give us more color on what you have in mind for mine development in the second half of the year. Are you expanding some of the galleries, tunnels?”
Morgan Stanley
Analyst
Source not stated
AA
Aluminum · Basic Materials
Other Industrial Metals & Mining · Basic Materials
NUE
Steel · Basic Materials
STLD
Steel · Basic Materials
VALE
Other Industrial Metals & Mining · Basic Materials
SIND
Other Precious Metals & Mining · Basic Materials
Other Industrial Metals & Mining · Basic Materials
Other Precious Metals & Mining · Basic Materials