Aluminum

Alcoa Corp (NYSE:AA) stock investors should be prepared for some turbulence in aluminum prices in the near term, according to insights from JPMorgan’s Commodities Research team led by Greg Shearer. The team warns that aluminum prices, currently hovering around $2,700 per metric ton, may...

Top Stories for May 31, 2024: The Law Offices of Frank R. Cruz is investigating U.S. Steel (NYSE:X) for potential federal securities law violations.  U.S. Steel announced an agreement on Dec. 18, 2023, to be acquired by Nippon Steel at $55.00 per share. However, the CEO sold $12 million in...

The growing trend of hybrid electric vehicle (HEV) adoption is poised to reshape the landscape for essential raw materials. Bill Peterson from JPMorgan outlines how this shift impacts the demand for lithium, rare earths, copper and aluminum. For investors, this shift comes with significant...

Top Stories for May 9, 2024: Piedmont Lithium (NASDAQ:PLL) reported Q1 results with a record production of 40,439 dry metric tons (dmt) at North American Lithium, which achieved record lithium recoveries of 69%.  The company expects full run-rate production in the second half of the year and...

Alcoa Corp (NYSE:AA) reported last week its first-quarter results, with a slight revenue beat. The company is making continuous progress in its cost saving measures, while it is poised for additional IRA (Inflation Reduction Act) benefits, according to Morgan Stanley. The Alcoa Analyst: Carlos De...

Top Stories for April 18, 2024: Alcoa Corp (NYSE:AA) reported first-quarter losses of 81 cents per share with revenues of $2.6 billion, slightly above the expected $2.56 billion.  In the alumina segment, revenues rose by 6% due to higher prices and increased shipments, while the aluminum...

Top Stories for April 17, 2024: During a visit to Pittsburgh, President Joe Biden plans to announce new trade policies aimed at boosting the U.S. steel sector by imposing a 25% tariff on certain Chinese steel and aluminum imports. The move seeks to protect American manufacturing jobs from China...

Alcoa Corporation (NYSE:AA) reported its first-quarter financial results after the bell Wednesday. Here's a look at the details.  The Details: Alcoa reported quarterly losses of 81 cents per share. Quarterly revenue came in at $2.6 billion, beating the $2.56 billion analyst consensus estimate. The...

During a visit to the United Steel Workers union headquarters in Pittsburgh on Wednesday, President Joe Biden outlined the U.S. government’s strategy against what he described as China’s unfair trade practices, particularly in the steel and aluminum sectors. The speech highlighted the...

On Wednesday, President Joe Biden is set to propose a significant adjustment in the nation’s trade policy towards China, aimed at strengthening the domestic steel sector and addressing broader industrial concerns. In a visit to Pittsburgh, Biden is expected to announce new 25% tariffs on...

Editor’s Note: This article has been updated with a spelling correction in the headline. The United States and the United Kingdom have launched new measures to disrupt Russia’s revenue stream. The latest sanctions target commodity exports by prohibiting metal exchanges from accepting...

Demand for copper from the energy transition may eventually help the red metal diverge from other industrial commodities that are often seen as economic bellwethers. As the energy transition from fossil fuels to renewables gains steam, copper's role as a leading economic indicator may decouple...

Shares of Alcoa Corp (NYSE: AA) tanked in early trading on Thursday, after the company reported mixed results for its fourth quarter. The company’s adjusted EBITDA miss was mainly due to “other corporate items,” while its total segment EBITDA of $172 million came in “...

This story was originally published on the Benzinga India Portal. India is reportedly unlikely to get the United States to roll back tariffs on steel and aluminum during Prime Minister Narendra Modi’s planned visit to Washington later this month. What Happened? India has...

Alcoa Corp (NYSE: AA) might not have been the talk among financial news outlets over the past year, but bullish traders and investors didn’t need the support. Since June 2021, Alcoa stock’s one-year return has outperformed several of the world’s most popular electric...