Alcoa courts data center industry as it puts closed, curtailed sites up for sale
Alcoa Corp. plans sell 10 of its closed or curtailed sites to one of the aluminum industry's biggest competitors for electricity: the data center industry.
Alcoa Corp. plans sell 10 of its closed or curtailed sites to one of the aluminum industry's biggest competitors for electricity: the data center industry.
Executives said the company was not materially exposed to changes in the prices of primary aluminum since it operates a pass-through business model. But other metal costs have come into play.
In an unusual first, pretty much all the markets we follow finished higher last week.
The new tariff is expected to be enacted over the next several days using Section 122.
The US Supreme Court may issue a decision Friday on the tariffs President Trump imposed under the International Emergency Economic Powers Act. Or maybe next week.
The company expects to invest more in 2026.
The goal is to provide you with a snapshot of the market as it is.
The bill on the IEEPA tariffs will go to the Senate for a vote.
The causes of the fires are still under investigation.
Last week was another wild time for the markets.