
Hydro to cut spending guidance amid economic uncertainty
“We have, so far, not seen big changes to our operations from tariffs and potential trade wars. Our main concern is whether the uncertainty will lead to a global economic downturn.”
“We have, so far, not seen big changes to our operations from tariffs and potential trade wars. Our main concern is whether the uncertainty will lead to a global economic downturn.”
Alcoa's chief executive says Canadian expansion plans are on hold as tariff threats escalate, forcing the aluminum giant to reroute metal and rethink investments.
These expansions are being driven by the rapid growth of data centers, which are putting electric grids under pressure.
The world’s second-largest miner by market value said it now expects the aluminum raw material to hit the higher end of its full-year guidance range, the company said in its second quarter production report.
The facility manufactures the Chevrolet Silverado and Cheyenne and GMC Sierra, as well as propulsion systems assembly.
Next Monday, Aluminum Market Update will send out its monthly survey, providing an exclusive opportunity for your voice to be heard.
Tariffs and inflation have been playing havoc on prices and higher interest rates, and lending requirements have made financing more difficult.
Gränges Americas said its operations during the second quarter were essentially flat, with sales to HVAC customers gaining steam while demand in other markets softened.
There's a lot of news to keep track of, so we're lending a hand with highlights from June and what it means for you.
The bill signed last week will sunset Section 45x, the advanced manufacturing tax credit, by 2030.