Aluminum

The bullish case for Alcoa Corp (NYSE: AA) is based on expectations for the metals company to take full advantage of a "constructive outlook" for aluminum, according to Morgan Stanley. The Alcoa Analyst: Carlos De Alba upgraded Alcoa from Equal Weight to Overweight with a price...

The United States is dropping its 10% tariffs on certain Canadian aluminum imports, the Office of the U.S. Trade Representative announced on Tuesday. The move came on the same day that Canada planned to announce a slate of countermeasures in response to the tariffs. President Donald Trump...

Alcoa Corp (NYSE: AA) seems poised for an earnings beat in the back half of the year given an improved aluminum outlook, according to BofA Securities. The Alcoa Analyst: Timna Tanners upgraded Alcoa from Neutral to Buy and raised the price target from $14 to $17. The Alcoa Thesis: Aluminum...

Canada's Deputy Prime Minister Chrystia Freeland warned the U.S. in a statement on Friday that Canada will impose tariffs equivalent to those imposed by the U.S. Freeland denied that Canadian aluminium undermines U.S. national security, called the measures "unwarranted and...

President Donald Trump said Thursday that he has reimposed a 10% tariff on Canadian aluminum imports. Speaking at a Whirlpool factory in Ohio, Trump said he moved to reinstate the tariffs in response to the Canadian government's failure to prevent the aluminum industry from "flooding" the U.S....

The bullish case for Alcoa Corp (NYSE: AA) can be made after a "key downside risk factor" has played out while restructuring efforts could soon show benefits, according to Credit Suisse. The Analyst Credit Suisse analyst Curt Woodworth upgraded Alcoa from Neutral to Outperform with a...

It may have gotten lost in the United States' trade war with China and immigration battle with Mexico, but President Donald Trump's steep tariffs on all imported steel and aluminum were lifted on May 17. With the change in the Trump Administration's policy, Canada and Mexico received a reprieve on...

The United States is planning to lift steel and aluminum tariffs on Mexico and Canada, clearing the way for ratification of the so-called "United States-Mexico-Canada Trade Agreement," the replacement for NAFTA, according to a Bloomberg report. The industry reacted to the report with...

Shares of Aluminum Corp of China Limited ADR (NYSE: ACH) have been under pressure for the past 12 months and now fully reflect balance sheet concerns, according to Bank of America Merrill Lynch. The Analyst BofA’s Matty Zhao upgraded Chalco from Neutral to Buy and raised the price...

An end could be in sight for costly U.S. tariffs on Canadian steel and aluminum, according to recent comments from officials of both countries. David MacNaughton, Canada's Ambassador to the United States, suggested last week that the 25 percent levy on steel and 10 percent on aluminum exports...

Despite potential risks from a trade war, Arconic Inc (NYSE: ARNC) and Constellium NV (NYSE: CSTM) boast favorable risk-reward profiles, according to Jefferies. The Analyst Jefferies' Martin Englert initiated coverage of Arconic with a Buy rating and $23 price target and Constellium ...

With Arconic Inc (NYSE: ARNC) shares down by around 40 percent since their peak of more than $30 per share in January, Argus dropped its bullish stance on the stock Thursday.  The Analyst Argus analysts John Eade and Emily Sayles downgraded Arconic from Buy to Hold...

The Trump administration recently announced  Section 232 Proclamation on imports, imposing a 25-percent duty on steel and a 10-percent tariff on aluminum imports. Against this backdrop and a number of other macro shifts on the back of global political news, Deutsche Bank revisited its thesis...

President Donald Trump and his administration's tariff on imported steel from all countries except Canada and Mexico emphasizes the bullish case for Century Aluminum Co (NASDAQ: CENX), according to JPMorgan. The Analyst JPMorgan's Michael Gambardella upgraded Century Aluminum's stock...

The White House's tariffs on imported aluminum and steel are proving controversial and have been met with ire by plenty of U.S. trading partners. While some industry and sector exchange traded funds are benefiting from the tariffs, some surprising funds could be pinched by the protectionist...