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Aluminerie Alouette to Invest $1.1 Billion in Major Canadian Aluminum Revamp
Sunday, July 6, 2025 - 2:42pm | 516Aluminerie Alouette, Canada's largest aluminum smelter and a key supplier to the U.S. market, announced a CA$1.5 billion ($1.1 billion) investment in its northern Québec facilities. The firm, owned by a Rio Tinto (NYSE:RIO)-led consortium, is making this commitment despite growing pressure from U.S...
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Trump's Steel Tariffs 'Hits Straight On Ford's Core:' Analyst Sees Higher Input Costs And Eroding Pricing Power For Tesla Rival
Monday, June 9, 2025 - 12:01pm | 797Donald Trump‘s tariffs on steel and aluminum are likely to have a deep impact on the input costs of the U.S. automaker Ford Motor Co. (NYSE:F), explains Alex Tsepaev, the chief strategy officer at B2PRIME Group. What Happened: Unlike globalized automakers like Stellantis NV (NYSE:STLA), Ford...
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EXCLUSIVE: Ford, GM Just Hit A Tariff Wall - Will Margins Crumple On Cost Pressures?
Thursday, June 5, 2025 - 10:19am | 483Detroit’s automakers are hitting speed bumps – and they're made of steel. Ford Motor Co (NYSE:F) and General Motors Co (NYSE:GM) tumbled 3.7% and 4.1% respectively on the day the U.S. announced 50% tariffs on imported steel and aluminum. The market didn't wait for earnings calls...
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EXCLUSIVE: Tariff Titans - Why Cleveland-Cliffs, Nucor, Steel Dynamics Could Outmuscle The Competition
Thursday, June 5, 2025 - 8:17am | 548Steel tariffs are back with a bang, and investors are already positioning for the winners. As the U.S. slaps a prohibitive 50% tariff on imported steel and aluminum, Cleveland-Cliffs Inc (NYSE:CLF), Nucor Corp (NYSE:NUE) and Steel Dynamics Inc (NASDAQ:STLD) are emerging as the early champions of...
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US Aluminum Tariffs Risk Supply Chain And Food Security, Industry Insiders Warn
Wednesday, June 4, 2025 - 7:11am | 639The Aluminium Association of Canada (AAC) has condemned the U.S. government's move to impose a 50% tariff on Canadian aluminum, calling it a protectionist misfire that risks destabilizing North America's integrated manufacturing base and driving higher inflation across key sectors. "A 50% tariff on...
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Dow Futures Edge Higher After Two Days Of Gains: Expert Says Trump Tariffs 'Distorting Pretty Much Everything'
Wednesday, June 4, 2025 - 5:49am | 1420U.S. stock futures were slightly higher on Wednesday after advancing for two consecutive days. Futures of major benchmark indices rose slightly in premarket. On Wednesday morning, a tariff increase signed by Donald Trump on Tuesday evening took effect, raising duties on steel and aluminum imports...
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Trump's UAE Deal Lands $4 Billion Aluminum Hub In Oklahoma
Monday, May 19, 2025 - 10:46am | 501Emirates Global Aluminium (EGA) has announced a plan to build a $4 billion primary aluminum plant in Oklahoma. The project is part of the investment commitments from the United Arab Emirates brokered by President Donald Trump during the U.S.-Saudi Investment Forum 2025. The Oklahoma facility will...
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Monster's CEO: 'We Don't Always Win' On Hedging—As Aluminum Tariffs Bite Into Q2 Margins
Thursday, May 8, 2025 - 10:34pm | 732Monster Beverage Corp. (NASDAQ:MNST) is bracing for tighter margins in the second quarter as rising aluminum costs and tariff-related premiums begin to squeeze its bottom line. What Happened: During the company’s first quarter earnings call on Thursday, Vice Chairman and Co-CEO, Hilton...
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Coca-Cola Q1 Earnings Preview: Will Warren Buffett Favorite Continue To Be A 'Safe Haven' Stock?
Monday, April 28, 2025 - 11:56am | 986Beverage giant Coca-Cola Co. (NYSE:KO) could provide investors with updated guidance given the potential impact of global tariffs when the company reports first-quarter financial results Tuesday before the market opens. Earnings Estimates: Analysts expect Coca-Cola to report first-quarter revenue...
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Alcoa Warns Tariffs Could Cost $425 Million Annually: 'This Is The Most Material Impact' Says CEO
Thursday, April 17, 2025 - 5:18am | 671Alcoa Corp. (NYSE:AA), the largest aluminum producer in the United States, reported $20 million in additional costs during its first quarter, stemming from newly imposed tariffs on Canadian aluminum imports last month. What Happened: During its first quarter earnings call on Wednesday, Alcoa’...
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Alcoa Q1 Earnings Preview: Investors Want To Know If Tariffs Will Hurt —Or Help — Stock
Tuesday, April 15, 2025 - 1:59pm | 599Aluminum producer Alcoa Corp (NYSE:AA) could highlight the upcoming impact of tariffs from President Donald Trump when the company reports first-quarter financial results Wednesday after market close. Here are the analyst estimates and key items to watch. Earnings Estimates: Analysts expect Alcoa...
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Eli Lilly, AbbVie, Bristol Myers, Regeneron, And Other Pharma Companies Slide As Donald Trump Confirms Tariffs On Pharma Companies
Friday, April 11, 2025 - 4:36am | 1028Even as President Donald Trump paused the reciprocal tariffs for 90 days on Wednesday, he later confirmed in a conversation with reporters at his Oval Office that pharmaceutical companies would face tariffs. What Happened: The rally in pharma stocks was short-lived after the stocks reversed course...
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Tariff Turmoil: Cleveland-Cliffs, Constellium, Freeport-McMoRan Caught In The Crossfire, Says Analyst
Monday, March 31, 2025 - 11:43am | 442President Donald Trump's fresh round of 25% auto import tariffs is shaking up the metals market, and JPMorgan analyst Bill Peterson sees near-term headwinds for key players in steel, aluminum, and copper. While domestic production incentives should help Cleveland-Cliffs Inc. (NYSE:CLF) and...
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Can Manufacturers Warn About Tariffs, Ask For Targeted Relief
Friday, March 14, 2025 - 2:15pm | 611The Can Manufacturers Institute (CMI) has raised concerns over the impact of newly enacted steel and aluminum tariffs. What Happened: The CMI warns that tariffs will have an inflationary influence on the domestic can industry. The Trump administration argues that these measures would protect...
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Putin Offers Russian Aluminum, Rare Earths As An Alternative To Ukraine's Minerals
Tuesday, February 25, 2025 - 7:27am | 521Russian President Vladimir Putin has offered the United States access to Russia's metals, presenting Moscow as an alternative to Washington's push for Ukraine's resources. If President Donald Trump successfully brokers the agreement to stop the three-year conflict in Ukraine, it could open the...