AMU's July monthly round-up: A lawsuit, new capacity, and tariffs, of course
There’s a lot of news to keep track of, so we’re lending a hand with highlights from the past month and what they mean for you.
There’s a lot of news to keep track of, so we’re lending a hand with highlights from the past month and what they mean for you.
Aluminum market participants are increasingly concerned about demand, according to the results of our latest survey. And yet most - nearly 80% - expect the Midwest Premium to hold steady or increase on the impact of President Trump's tariffs.
The mill represents a $2.7 billion investment and is expected to produce 650,000 tons of flat-rolled aluminum.
“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.”
A short-lived trailer order surge in June belies deeper cracks in the commercial vehicle market, where rising aluminum costs, soft freight demand, and margin compression are colliding.
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.