Aluminum

President Donald Trump announced Thursday new proposed tariffs on steel and aluminum imports. Naturally, this is seen as a positive for domestic steel manufacturers but behind the scenes one overlooked segment could be harmed: beer companies. What Happened MillerCoors said on Twitter it'...

Steel and aluminum stocks moved sharply higher Friday after the U.S. Commerce Department issued a recommendation to President Donald Trump to enact steep tariffs or quotas on foreign companies. What You Need To Know Trump's administration looked into the topic of steel and aluminum imports...

Alcoa Corp (NYSE: AA) could return $525 million in capital as dividends or buybacks in 2018, according to Credit Suisse.  The Analyst Credit Suisse analyst Curt Woodworth upgraded shares of Alcoa from Neutral to Outperform and increased the price target from $42 to $61.  The Thesis...

With Constellium NV (NYSE: CSTM)'s results for this year exceeding expectations and "helping to materially reduce leverage," Cowen is now shifting the focus to other positives at the aluminum company.  The Analyst Cowen analyst Novid Rassouli upgraded shares of Constellium...

JPMorgan's analyst Michael Gambardella downgraded Century Aluminum Co (NASDAQ: CENX) from Overweight to Neutral and reduced its price target from $22 to $14.50, citing alumina cost headwinds as the main reason for the downgrade. Alumina prices should ease from peak prices later in 2018, but the...

Shares of American and other international-based companies who export metals and other commodities were mostly trading higher on Friday after China reported its total imports for the month of September had risen by 18.7 percent, Bloomberg reported. "The improvement in imports is impressive,...

After a rough start to 2017, steel investors may have a better go of it in the second half of the year. Deutsche Bank analyst Jorge Beristain has upgraded a handful of steel and aluminum stocks and is now constructive on steel prices following a sluggish second quarter. U.S. hot-rolled coil prices...

Alcoa Corp (NYSE: AA)'s decision to merge its six different business units into three units to increase efficiency and slash cuts won over another Wall Street analyst. On Friday, BMO Capital Markets' David Gagliano upgraded Alcoa's stock from Market Perform to Outperform with a price...

Deutsche Bank has launched coverage of Alcoa Corporation (NYSE: AA) with a Sell rating and $26 price target, citing downside risk from China aluminum chain oversupply. The Split Alcoa officially split into two entities on November 1, with the low-margin raw aluminum operations being separated from...

Bank of America Merrill Lynch has downgraded steel stocks such as Nucor Corporation (NYSE: NUE) and Steel Dynamics, Inc. (NASDAQ: STLD) on softer steel prices. Analyst Timna Tanners has cut the rating of Nucor shares to Neutral from Buy on the steel price outlook, cautious long product views and...

Referring to the regulatory filings of Alcoa Inc (NYSE: AA), Reuters reported the company will spin off its traditional upstream smelting business in the second half of 2016, and name it Alcoa Corp. Up to 19.9 percent of this newly formed company will be owned by its value-added business serving...

Long/short is a popular strategy in the hedge fund community and one made accessible to investors of all stripes by the exchange-traded funds industry. Typically, long/short ETFs are equity-based, but investors can now take both sides of the commodities trade with the First Trust Alternative...

It is frequently said that copper is the industrial metal with a doctorate in forecasting economic trends – ence the moniker “Dr. Copper.” Conventional wisdom also states that Chinese demand is the primary driving force in the red metal's price action. Investors might be...