
Report: Alcoa to pause Canadian projects in wake of tariff threats
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.
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.
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.
Alcoa's Q2 earnings reveals a company increasingly tethered to North America, just as the world looks to reduce exposure to U.S. trade risk.
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 latest import data reveals a market no longer shaped by supply and demand alone, but by tariffs, carveouts, and timing.
Demand is holding steady, but on-again, off-again tariffs continue to sow uncertainty in the markets, according to AMU’s monthly market survey.
Class 8 orders drop, trailer backlogs thin, but transportation spending sets a record.
Second quarter auto sales look strong on the surface, underpinned by a growing split between assembly and production.