Alcoa Corporation (NYSE:AA) priced $2.6 billion of acquisition financing on September 9, 2026, through two wholly owned subsidiaries. Alumina Pty Ltd will issue $1.5 billion of 6.625% notes due 2034, while Alcoa Nederland Holding B.V. will issue $1.1 billion of 6.875% notes due 2036. Alcoa Corporation (NYSE:AA) and certain subsidiaries will guarantee the notes on a senior unsecured basis.
The tranches imply annual coupons of $99.375 million and $75.625 million, respectively, totaling exactly $175 million. Settlement is expected on September 23. Net proceeds and cash on hand would fund the approximately $3.1 billion cash portion of the South32 Limited (ASX:S32) ****** et acquisition, plus related fees and expenses.
For Alcoa Corporation (NYSE:AA), successful settlement would secure longer-dated funding and allow termination of the remaining 364-day bridge commitments. Maturities in 2034 and 2036 give management time to integrate the ****** ets before principal comes due.
The operating opportunity lies in linking additional bauxite resources, alumina refining and aluminum production. Better coordination could strengthen feedstock security and improve purchasing, logistics and plant economics. Acquired earnings and operating improvements could produce recurring cash to service the debt while funding reinvestment.
Fixed coupons also make the interest burden predictable. Strong ****** et performance could support debt reduction and give shareholders a growing share of incremental cash generation.

#notes #september

Steel and materials markets fluctuated between rallies and pullbacks as the US-Canada trade relationship shifted from near agreement to open dispute. Nucor Corporation (NYSE:NUE) and Cleveland-Cliffs Inc. (NYSE:CLF) rose on August 25, after discussions between the two countries broke down, a turnaround from the week before, when several of the same stocks fell on hopes that a new deal would decrease steel and aluminum tariffs. The VanEck Steel ETF gained 1.6% on the day, while the State Street Materials Select Sector SPDR reached an intraday high. The rise didn't last: by the end of the week, the materials ETF had slipped to negative territory, while the steel ETF was about flat, though, both remain substantially up for 2026.
The volatility traces a rapid escalation. On August 19, Bloomberg reported that the US and Canada had tentatively agreed to reduce tariffs on Canadian steel and aluminum to 25% and vehicle charges to 15%. That optimism was dashed within days: on August 22, the US imposed 50% tariffs on a wide variety of Canadian exports, and Canadian Prime Minister Mark Carney responded by declaring Canada officially "at war" with the United States, saying "You're at war when you're attacked, and we got attacked."
On August 25, Ottawa announced counter-tariffs of C$27.6 billion on American goods, which took effect on September 8 at rates ranging from 15% to 50%. The dispute has continued to escalate since then, with Washington announcing additional restrictions and tariffs on Canadian goods in September, reinforcing the view that a quick resolution remains unlikely.
Atsi Sheth, Moody's chief credit officer, put it bluntly: "Expect much more of this uncertainty for some time to come." Investors initially welcomed tariffs as good news for US steelmakers facing less Canadian competition, but the back-and-forth negotiations, as well as Canada's reaction, have made predicting a steady outcome difficult.
The more intriguing story is how differently the aforementioned companies are positioned. Nucor Corporation (NYSE:NUE) relies primarily on scrap-based electric arc furnace steelmaking, while Cleveland-Cliffs Inc. (NYSE:CLF) operates a vertically integrated model with internally sourced iron ore, scrap and other raw materials. Both have meaningful domestic raw-material exposure, although their production models differ substantially. Nucor Corporation (NYSE:NUE) is up more than 50% year-to-date, while Cleveland-Cliffs Inc. (NYSE:CLF), despite similar structural insulation, remains negative for 2026, which **** ysts attribute to balance sheet stress rather than tariffs.

#august #nucor #corporation #cleveland

STILLWATER — Last Saturday, Seth Storey walked into the Stillwater Raising Cane's and ordered a 25-finger tailgate platter. It costs $41.99 and feeds 6-8 people, but Storey wasn't sharing.
At 9:02 p.m., Storey sat down at a booth with an aluminum pan full of chicken and couldn't leave the restaurant for 24 hours. For every tender he ate, one hour came off his clock.
The first 30 minutes went OK as Storey powered through 12 tenders. At the 15 tender mark, his consumption started to slow down. He gagged attempting to swallow tender 18 and nearly threw up. The bathroom would ultimately call three times — once to throw up.
Even the tasty Raising Cane's sauce didn't make things better.
"It didn't help with the flavor and it just kind of tasted like nothing," Storey said. "Like definitely toward the end, I was just sick of the taste."

#storey #didn 't

Ford Motor (NYSE:F), the global light-vehicle and truck maker with Ford and Lincoln brands, closed at $14.14, up 2.17%. Wednesday's session followed reports that August U.S. sales fell 10.3%. Investors will be closely watching pickup production and demand next.
Trading volume reached 51.7 million shares, coming in roughly 3.1% above its three-month average of 50.2 million shares.
The S&P 500 (SNPINDEX:^GSPC) closed at 7,667, up 0.47%, while the Nasdaq Composite (NASDAQINDEX:^IXIC) finished at 26,218, up 0.45%. Among automobile manufacturers, General Motors (NYSE:GM) closed at $84.88, down 0.88%, and Stellantis (NYSE:STLA) ended at $5.27, down 1.50%, highlighting softer trading in auto peers during the session.
Ford reported August U.S. sales fell 10.3%, marking an eighth straight month of year-over-year declines. Investors were encouraged, however, after the automaker said its production of the large, highly profitable "Super Duty" trucks last month reached a 20-year high. At the same time, the output of F-150 pickups reached its highest point in two years, reports CNBC. Ford was significantly affected by supplier issues due to its large aluminum bodies and other components following an aluminum plant fire late last year.
August electric vehicle (EV) sales were down nearly 80%, while hybrid sales were down 20%. Ford stock is nearly 20% off its 2026 highs, reached after the company announced the formation of Ford Energy in May. That came after it repurposed some EV ******* ets as part of a pivot to tap into demand for energy storage. That helped investors shrug off the plunging EV and hybrid sales.
Before you buy stock in Ford Motor Company, consider this:

#sales

Riverwater Partners, an investment management company, released its 'Small Cap Strategy' Q2 2026 investor letter. The letter can be downloaded here. The Small Cap Strategy underperformed the Russell 2000 in the second quarter as the benchmark experienced one of its strongest risk-on rallies in recent memory, although the strategy remained ahead year-to-date. The quarter was defined by accelerating AI investment, energy market disruptions, and renewed investor appetite for higher-beta stocks, creating headwinds for the firm's quality-focused approach and healthcare positioning. Despite this, stock selection contributed positively in energy, materials, and financials, while healthcare and consumer discretionary detracted due to the fund's disciplined avoidance of speculative businesses. Looking ahead, the firm remains cautiously optimistic, focusing on opportunities created by market dislocations, including AI infrastructure enablers, select consumer companies, healthcare innovators, and energy businesses trading below intrinsic value. The strategy continues to emphasize high-quality companies with strong management teams and attractive valuations, positioning the portfolio for a potential rotation away from speculative market leadership. In addition, please check the Strategy's top five holdings to know its best picks in 2026.
In its second-quarter 2026 investor letter, Riverwater Partners Small Cap Strategy highlighted Kaiser Aluminum Corporation (NASDAQ:KALU) as a portfolio addition. Kaiser Aluminum Corporation (NASDAQ:KALU) manufactures and sells semi-fabricated specialty aluminum mill products. On August 31, 2026, Kaiser Aluminum Corporation (NASDAQ:KALU) closed at $158.78 per share. Kaiser Aluminum Corporation (NASDAQ:KALU) fell 9.07% over the past month, while its shares are up 107.53% over the last 52 weeks. Kaiser Aluminum Corporation (NASDAQ:KALU) has a market capitalization of $2.59 billion.
Riverwater Partners Small Cap Strategy stated the following regarding Kaiser Aluminum Corporation (NASDAQ:KALU) in its Q2 2026 investor letter:
"We also purchased Kaiser Aluminum Corporation (NASDAQ:KALU) as roughly two and a half million tons of global aluminum capacity remains offline following the Middle East smelter disruptions, a supply shock we believe supports elevated pricing for well-positioned domestic producers through at least 2027. Also, continued tariffs on aluminum and alumina products will help pricing stay elevated, even if Middle East capacity comes on faster than expected."

#investor

Kaiser Aluminum Corporation (NASDAQ:KALU) has pulled back sharply from its recent highs, but UBS sees the weakness as a buying opportunity. On August 31, UBS upgraded Kaiser Aluminum from Neutral to Buy and raised its price target to $184 from $179. ******* yst Alex Stansbury argued that the selloff has created an attractive entry point into a business with improving earnings power.
UBS's upgrade to Buy from Neutral is based on the view that Kaiser Aluminum Corporation (NASDAQ:KALU)'s recent pullback has created an attractive entry point rather than signaling a deterioration in the company's long-term earnings outlook. ******* yst Alex Stansbury raised the price target to $184 from $179, arguing that the selloff has created an opportunity to buy a business with improving earnings power.
The most important part of UBS's argument is that several of the pressures weighing on Kaiser's shares appear temporary. Stansbury specifically pointed to scrap as a meaningful tailwind while also saying that the company's underlying fundamentals are strengthening. That is important because UBS is not relying solely on higher aluminum prices to support its bullish view. Instead, the bank sees operational improvements and stronger end-market demand contributing to earnings growth.
UBS also highlighted the benefits of Kaiser's investments at Warrick and Trentwood. Those investments are increasingly relevant to the earnings story. Kaiser says its Warrick investment is designed to increase capacity for higher-margin coated packaging products, while its Trentwood modernization has focused on improving efficiency, capacity and the quality of products serving aerospace and general engineering customers.
The aerospace recovery is another key part of UBS's thesis. Stansbury pointed to the end of aerospace destocking and accelerating build rates, suggesting that an important headwind for Kaiser is beginning to reverse. That view is supported by Kaiser's latest results: the company said aerospace demand was strengthening as destocking eased, while second-quarter aerospace shipments increased year over year.

#kaiser #earnings #created #view

Steel and aluminum stocks surged and then retreated last week as the escalating trade war between the United States and Canada sent investors scrambling to reprice exposure to North American metals supply chains.
SLX gained 1.6% on Monday, Aug. 25, following the breakdown of U.S.-Canada trade talks, and the State Street Materials Select Sector SPDR (XLB) reached a new intraday record that session, topping the peak it had set in February. Shares of Nucor, Steel Dynamics, Cleveland-Cliffs, and Century Aluminum all climbed. The gains proved short-lived, however: by Friday's close, XLB had slipped into the red for the week and SLX was essentially unchanged, according to CNBC. Through Aug. 28, Morningstar data show SLX has gained more than 28% on the year and XLB more than 18%.
The swing reflects the complexity of a trade war between two countries whose metals industries are deeply intertwined. Dan Luttner, who serves as managing partner of the supply chain consulting firm NEOS by Argon & Company, characterized the initial stock move to CNBC as a repricing reflex rather than a durable signal. "The stock pop is a headline reflex, honestly — mills reprice to replacement cost the second a 50% wall goes up, so of course Nucor and Cleveland-Cliffs jumped," Luttner said. "But that's not the interesting question. The interesting question is who controls their feedstock inside the wall versus who's still exposed to it?"
Luttner noted that both Nucor and Cleveland-Cliffs use electric arc furnace technology whose inputs have no dependence on Canadian ore or slab, positioning them to capture tariff-driven pricing benefits without the same exposure. Cleveland-Cliffs stock is nonetheless in negative territory for 2026 because of balance sheet stress. Century Aluminum is a more complicated case: because domestic primary aluminum production is thin, the raw inputs that sustain it — alumina and semi-finished material — largely still flow across the Canadian border, undermining the protection the tariffs were meant to provide.
Atsi Sheth, chief credit officer at Moody's Ratings, said uncertainty will persist. "Expect much more of this uncertainty for some time to come," Sheth said. She added that U.S. steel companies hold a modest edge over their Canadian counterparts because the U.S. market is larger, but said the auto sector has no clear winner given how deeply integrated cross-border production is.

#cliffs #nucor

Riverwater Partners, an investment management company, released its 'Small Cap Strategy' Q2 2026 investor letter. The letter can be downloaded here. The Small Cap Strategy underperformed the Russell 2000 in the second quarter as the benchmark experienced one of its strongest risk-on rallies in recent memory, although the strategy remained ahead year-to-date. The quarter was defined by accelerating AI investment, energy market disruptions, and renewed investor appetite for higher-beta stocks, creating headwinds for the firm's quality-focused approach and healthcare positioning. Despite this, stock selection contributed positively in energy, materials, and financials, while healthcare and consumer discretionary detracted due to the fund's disciplined avoidance of speculative businesses. Looking ahead, the firm remains cautiously optimistic, focusing on opportunities created by market dislocations, including AI infrastructure enablers, select consumer companies, healthcare innovators, and energy businesses trading below intrinsic value. The strategy continues to emphasize high-quality companies with strong management teams and attractive valuations, positioning the portfolio for a potential rotation away from speculative market leadership. In addition, please check the Strategy's top five holdings to know its best picks in 2026.
In its second-quarter 2026 investor letter, Riverwater Partners Small Cap Strategy highlighted Kaiser Aluminum Corporation (NASDAQ:KALU) as a portfolio addition. Kaiser Aluminum Corporation (NASDAQ:KALU) manufactures and sells semi-fabricated specialty aluminum mill products. On August 31, 2026, Kaiser Aluminum Corporation (NASDAQ:KALU) closed at $158.78 per share. Kaiser Aluminum Corporation (NASDAQ:KALU) fell 9.07% over the past month, while its shares are up 107.53% over the last 52 weeks. Kaiser Aluminum Corporation (NASDAQ:KALU) has a market capitalization of $2.59 billion.
Riverwater Partners Small Cap Strategy stated the following regarding Kaiser Aluminum Corporation (NASDAQ:KALU) in its Q2 2026 investor letter:
"We also purchased Kaiser Aluminum Corporation (NASDAQ:KALU) as roughly two and a half million tons of global aluminum capacity remains offline following the Middle East smelter disruptions, a supply shock we believe supports elevated pricing for well-positioned domestic producers through at least 2027. Also, continued tariffs on aluminum and alumina products will help pricing stay elevated, even if Middle East capacity comes on faster than expected."

#kaiser #corporation #small

Our ******* ysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we'll show you why it's our #1 pick. Tap here.
July's inflation report ran a touch hotter than Wall Street wanted, but Wall Street really only has itself to blame.
Gas got cheaper, down 2.7%. Furniture and appliances got cheaper, off 0.9%. Goods overall fell 0.1% in a month when tariffs of up to 50% were already running on autos, steel, and aluminum, which is a genuinely impressive act of price restraint. The American consumer did his part.
The line that ran hot was financial services and insurance, up 1.2% and the biggest single mover in the entire report. Cutting through the economist word soup, your advisor bills you a percentage of whatever you have parked with them, so when stocks went up in July, the pile got bigger, meaning your fees got bigger in dollar terms. On a purely statistical basis, the Bureau of Economic ******* ysis saw the S&P having a nice month and filed it under cost of living. It seems bizarre on its face, but it's also logically defensible as all that money really did leave real people's accounts. The BEA is rewriting the methodology on September 30 anyway, and it is worth noticing who benefits from a version of the index where Wall Street's take no longer counts.
Everything else behaved. Core inflation, the number the Fed actually steers by, came in exactly where the Street expected. Income rose 0.4% against spending of 0.2%, so households earned more and sat on the difference, which squares with Tuesday's confidence report showing people feel okay about this month and grim about next year.

#wall #street #next #NVIDIA

Nucor, Steel Dynamics, Cleveland-Cliffs and Century Aluminum are likely winners from U.S.-Canada trade talks breaking down. All four stocks were higher early Monday after tumbling last week on the prospect of a Canada trade deal that would lower U.S. tariffs on steel and aluminum.
New 50% tariffs on $20 billion worth of Canadian goods, including liquor, electrical equipment and hockey gear, took effect on Saturday. Prime Minister Mark Carney vowed to retaliate "dollar for dollar," with its retaliatory tariffs starting Sept. 8 U.S. officials have threatened further escalation if that happens.
Earlier in the week, a trade deal seemed likely, with President Donald Trump late Tuesday postponing the new Canada tariffs, hours before they were set to kick in.
The U.S. and Canada seemed poised to reach a deal that would cut existing 50% tariffs on Canadian steel and aluminum to 25%, though steel imports would face limits. The U.S. also reportedly would cut duties on Canadian autos to 15% and scrap a 10% lumber tariffs.
The prospective of lower tariffs slammed U.S. steel stocks. Nucor (NUE) fell 5.85% on Wednesday and 9.4% for the week, tumbling from near a buy point to below its 50-day moving average. Steel Dynamics (STLD) dived 7.5% on Wednesday and 10.6% for the week, even with Friday's 4.4% bounce. STLD stock is now far below its 50-day line. Cleveland-Cliffs (CLF) sank 6% on Wednesday and 5.3% for the week, regaining its 50-day line on Friday.

#week

Nucor, Steel Dynamics, Cleveland-Cliffs and Century Aluminum could be winners from U.S.-Canada trade talks breaking down. Last week those stocks tumbled on the prospect of a Canada trade deal that would lower U.S. tariffs on steel and aluminum.
New 50% tariffs on a $20 billion worth of Canadian goods, including liquor, electrical equipment and hockey gear, took effect on Saturday. Prime Minister Mark Carney has vowed to retaliate "dollar for dollar." U.S. officials threatened further escalation if that happens.
Earlier in the week, a trade deal seemed likely, with President Donald Trump late Tuesday postponing the new Canada tariffs, hours before they were set to kick in.
The U.S. and Canada seemed poised to reach a deal that would cut existing 50% tariffs on Canadian steel and aluminum to 25%, though steel imports would face limits. The U.S. also reportedly would cut duties on Canadian autos to 15% and scrap a 10% lumber tariffs.
The prospective of lower tariffs slammed U.S. steel stocks. Nucor (NUE) fell 5.85% on Wednesday and 9.4% for the week, tumbling from a near a buy point to below its 50-day moving average. Steel Dynamics (STLD) dived 7.5% on Wednesday and 10.6% for the week, even with Friday's 4.4% bounce. STLD stock is now far below its 50-day line. Cleveland-Cliffs (CLF) sank 6% on Wednesday and 5.3% for the week, regaining its 50-day line on Friday.

#tariffs #week #canadian #trade

Fort Wayne, Indiana-based Steel Dynamics, Inc. (STLD) operates as a steel producer and metal recycler in the United States. The company has a market cap of $35.8 billion and operates through Steel Operations, Metals Recycling Operations, Steel Fabrication Operations, and Aluminum Operations segments.
STLD stock has lagged behind the broader market over the past year, growing 16.2% compared to the S&P 500 Index's ($SPX) 19.3% surge. Moreover, in 2026, the stock has risen by nearly 5.9%, underperforming the SPX's 12.4% rise.
Barron Trump, 20, Now Worth $150 Million — More Than Mom, Melania — From Crypto And $39 Energy Drink
Billionaire Michael Saylor Warns Against Buying a House Because 'Every 36 Years You Actually Pay the Cost of the House in Tax to the Government'
QQQ Just 'Gamma Flipped' as Market Makers Were Forced to Sell. Here's What Our Top Chart Expert is Tracking Next.

#steel

Fort Wayne, Indiana-based Steel Dynamics, Inc. (STLD) operates as a steel producer and metal recycler in the United States. The company has a market cap of $35.8 billion and operates through Steel Operations, Metals Recycling Operations, Steel Fabrication Operations, and Aluminum Operations segments.
STLD stock has lagged behind the broader market over the past year, growing 16.2% compared to the S&P 500 Index's ($SPX) 19.3% surge. Moreover, in 2026, the stock has risen by nearly 5.9%, underperforming the SPX's 12.4% rise.
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Billionaire Michael Saylor Warns Against Buying a House Because 'Every 36 Years You Actually Pay the Cost of the House in Tax to the Government'
QQQ Just 'Gamma Flipped' as Market Makers Were Forced to Sell. Here's What Our Top Chart Expert is Tracking Next.

#operations #steel #indiana

Eagle Capital Management, an investment management company, released its second quarter 2026 investor letter. A copy of the letter can be downloaded here. In the quarter, Eagle Capital Management discussed how enthusiasm around AI capital spending has driven strong S&P 500 earnings growth while also increasing risks from elevated valuations, concentrated demand, and aggressive investment ***** umptions. Eagle remains a strong believer in AI but prefers constructing a portfolio that can perform across multiple outcomes rather than relying on one forecast. The firm believes current earnings can overstate underlying economics because semiconductor equipment is depreciated over several years, while free cash flow growth remains much weaker. It also expects competition and additional capacity across AI labs, hyperscalers, and semiconductors to eventually create winners and losers. These dynamics are encouraging Eagle to recycle capital toward attractive opportunities outside the most crowded AI trades while maintaining selective exposure to high quality beneficiaries. The portfolio trades at a 20% market discount with faster expected EPS growth. Please review the Strategy's top five holdings for key selections.
In its second-quarter 2026 investor letter, Eagle Capital Management highlighted Alcoa Corporation (NYSE:AA). Alcoa Corporation (NYSE:AA) engages in the bauxite mining, alumina refining, aluminum production, and energy generation business. On August 19, 2026, Alcoa Corporation (NYSE:AA) closed at $51.54 per share. The one-month return of Alcoa Corporation (NYSE:AA) was 13.85% and its shares gained 74.65% over the past 52 weeks. Alcoa Corporation (NYSE:AA) has a market capitalization of $13.6 billion with a 52-week trading range between $28.92 - $84.38.
Eagle Capital Management stated the following regarding Alcoa Corporation (NYSE:AA) in its Q2 2026 investor letter:
"The energy & metals companies we own benefit from favorable multiyear supply/demand outlooks, management teams that are good capital allocators, and ***** et bases that are well-positioned on the global cost curve. Alcoa Corporation (NYSE:AA) is a global producer of aluminum and alumina. For more than two decades, Chinese aluminum supply was relentless, swamping the market. The country has imposed smelter caps and is no longer adding net capacity. As global demand grows, new capacity must be added elsewhere at higher build costs. Incentivizing this capacity requires higher prices to earn a return. We own Alcoa at a wide discount to replacement cost, and this shift higher in aluminum and alumina prices is a powerful tailwind for earnings power. We expect EPS growth in the mid-teens over the next several years."

#alcoa #corporation #aluminum

By Ernest Scheyder
Aug 7 (Reuters) - U.S. President Donald Trump's push to build the Western Hemisphere's largest aluminum smelter in rural Oklahoma has divided the state's Republican voters and emerged as a key issue in the contentious race to be the next governor.
The two Republicans who will face off for their party's nomination on August 25 have taken opposing views, underscoring the ‌willingness of some conservatives to buck Trump and use industrial projects as campaign leverage.
"I'm not going to let it be built," Gentner Drummond, the state's attorney general, said at a candidate forum last ‌month with his opponent, former state Senator Mike Mazzei. "We have to protect farmland."
The $4 billion smelter project would be the first in the U.S. since 1980, but it has attracted some opposition from the community where it is slated to be built.

#built #donald #western

The Las Vegas Raiders have generated fresh buzz ahead of the 2026 NFL season after unveiling one of the league's most creative season ticket member packages. Fans began receiving the limited-edition boxes in early August, and social media is now filled with unboxing videos highlighting the team's Las Vegas-inspired presentation.
Raiders season ticket holder Josh ****** showcased the package on X and praised the team's effort. He wrote, "Well done once again, Raiders, amazing season ticket delivery. You outdo yourselves every year! #RaiderNation ."
MORE: NFL quarterback rankings from executives & coaches for 2026
In his video, ****** added, "Nobody does it better."
The package arrives in a premium aluminum briefcase featuring the Raiders logo. Inside are Raiders-themed playing cards, poker chips, and special paper tickets for the fans.

#vegas #package

This story was originally published on Manufacturing Dive. To receive daily news and insights, subscribe to our free daily Manufacturing Dive newsletter.
Steel Dynamics, one of the largest producers of low-carbon, recycled steel, continued to benefit from strong demand and surging steel prices during the second quarter. It also navigated losses from its aluminum operations.
The Fort Wayne, Indiana-based company reported record-high steel shipments of 3.7 million tons in the quarter, driven by steady demand from the energy, construction, automotive, industrial and agriculture sectors. Net sales increased 33% to $6.1 billion compared to last year.
Quarterly net income nearly doubled to $534.1 million over last year. This was bolstered by higher steel selling prices, which increased $105 per ton from the first quarter. At the same time, the aluminum segment saw a $33 million loss related to operational startup costs.
Steel Dynamics has seen its earnings surge after the Trump administration enacted a series of steel import tariffs as supplies remain tight, which has had an outsized impact on prices.

#steel #quarter #daily #aluminum

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Tariffs don't apply directly to car insurance, but they can still raise your insurance costs. That's because tariffs apply directly to items that affect the cost of car insurance claims, namely auto parts, steel, and aluminum.
Since the Trump administration's tariffs were enacted, those costs have been passed down to auto dealers and consumers, and the average suggested retail price of a car has increased 10.4%.
Here's how tariffs impact your insurance bill and ways to lower your costs.
Automotive tariffs have triggered a domino effect that could contribute to higher car insurance costs over time.

#insurance #apply #directly

Some offers on this page are from advertisers who pay us, which may affect which products we write about, but not our recommendations. See our Advertiser Disclosure.
Tariffs don't apply directly to car insurance, but they can still raise your insurance costs. That's because tariffs apply directly to items that affect the cost of car insurance claims, namely auto parts, steel, and aluminum.
Since the Trump administration's tariffs were enacted, those costs have been passed down to auto dealers and consumers, and the average suggested retail price of a car has increased 10.4%.
Here's how tariffs impact your insurance bill and ways to lower your costs.
Automotive tariffs have triggered a domino effect that could contribute to higher car insurance costs over time.

Alcoa Corp (NYSE:AA) is one of the Top 10 Extreme Value Stocks To Buy Now. On July 1, B. Riley reiterated a Buy rating on Alcoa Corp (NYSE:AA) and a price target of $92. This followed the company's announcement of the acquisition of South32's bauxite, alumina, and aluminum ***** ets. The firm believes the initial drop in the company's share price reflects investor concerns about incremental leverage and a preference for short-term shareholder returns, given weak market conditions for alumina.
However, the firm views the selloff as excessive and views the deal more positively over the long term. It expects several benefits, including cost savings from synergies and stronger scale, which could improve AA's competitiveness. Multiple sources of cash flow, such as ***** et sales, potential gains from higher metal prices and the sale of its stake in Ma'aden, could offset the additional debt, noted the firm.
photo by scott graham on Unsplash
Earlier on June 25, Timna Tanners of Wells Fargo lowered the firm's price target on Alcoa Corp (NYSE:AA) from $82 to $71 and kept an Overweight rating on the stock. The downward price target revision reflects a cautious valuation outlook due to recent weakness in aluminum prices. However, Wells Fargo thinks the aluminum price has oversold, retreating to pre-Iran War levels despite extensive physical damage.
Alcoa Corp (NYSE:AA) engages in the bauxite mining, alumina refining, aluminum production, and energy generation business. The company operates through two segments: Alumina and Aluminum.

Alcoa Corporation (NYSE:AA) is one of the cheap stocks that are about to explode. On June 30, Alcoa announced a definitive agreement to acquire South32 Limited's bauxite, alumina, and aluminum **** ets in a transaction valued at $4.1 billion in upfront cash and stock, plus a potential $750 million contingent value right. This acquisition expands Alcoa's global portfolio of high-quality, low-cost **** ets and reinforces its position as a leading pure-play upstream aluminum company.
The deal is expected to be immediately accretive to Alcoa's earnings and free cash flow, while generating ~$900 million in net present value through operational synergies. By integrating South32's mining, refining, and smelting operations into its existing platform, Alcoa aims to reduce complexity, lower costs, and enhance the supply chain resilience needed to meet the accelerating global demand for aluminum.
Beyond financial growth, the transaction supports Alcoa Corporation's (NYSE:AA) presence in Australia and Brazil and introduces operations in South Africa. The company expects the acquisition to support economic stability and job growth in these regions while advancing its long-term strategy of value-creating growth. The move positions Alcoa to better serve its customers at scale while maintaining its commitment to sustainable production.
Alcoa Corporation (NYSE:AA) is one of the largest aluminum mining companies in the world. It has operations in Spain, Norway, Iceland, Canada, and other countries.
While we acknowledge the potential of AA as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

Comstock Inc. (NYSEAMERICAN:LODE) is one of the 8 High Growth Penny Stocks to Buy.
On June 24, 2026, Comstock Inc. (NYSEAMERICAN:LODE) announced that Comstock Metals, its wholly owned subsidiary, selected Cambridge, Ohio, as one of the national locations for its industrial-scale solar panel recycling and production facility and logistics hub. The selection was made in collaboration with JobsOhio and OhioSE. The Ohio operation is expected to create 20 full-time positions and is supported by a newly announced $75,000 JobsOhio Grant. The Cambridge facility will expand capacity to ultimately produce aluminum, silver, and glass bead outputs for resale into Midwest industrial supply chains.
On June 22, Comstock announced that it executed a Securities Purchase Agreement to sell 100% of its mineral, mining, processing, and related mining district real estate entities to Mackay Precious Metals, a wholly owned subsidiary of Mackay Gold & Silver Corp., for an aggregate transaction value of over $45M. The deal consists of over $30M in cash and stock payments, a retained 1.5% NSR royalty, ***** umption of all reclamation obligations and liabilities, and an additional contingent future payment of $10M. Upon closing, Comstock will have received $20M in cash plus 2 million Mackay Gold & Silver shares valued at over $3.5M at recent prices, with a secured second-tranche cash payment of $7M due within 18 months. Comstock expects the divestiture to reduce ongoing costs tied to maintaining the mining ***** ets, permits, environmental compliance obligations, and related activities, resulting in over $1.5M in annualized savings.
Comstock Inc. (NYSEAMERICAN:LODE) commercializes technologies, systems, and supply chains that extract, process, and convert under-utilized waste and natural resources into clean energy and products supporting clean energy in the United States.
While we acknowledge the potential of LODE as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

Sustainable Growth Advisers (SGA), an investment management company, released its first-quarter 2026 investor letter for its "Global Growth Strategy." A copy of the letter can be downloaded here. The SGA Global Growth Portfolio returned -13.6% (Gross) and -13.8% (Net) compared to the MSCI ACWI return of -3.2% and the MSCI ACWI Growth return of -7.7%. AI disruption narratives significantly affected markets in the first two months of the quarter, leading to declines in software, information services, payments, and insurance brokers. In March, geopolitical tensions in the Middle East caused a spike in oil prices, contributing to market volatility and prompting investors to adopt a more cautious stance. The firm believes prioritizing high-quality businesses with strong balance sheets, durable cash flows, and diversified end markets provides resilience against short-term geopolitical shocks. In addition, you can check the Strategy's top 5 holdings for its best picks for 2026.
In its first-quarter 2026 investor letter, SGA Global Growth Strategy highlighted Canadian Pacific Kansas City Limited (NYSE:CP). Canadian Pacific Kansas City Limited (NYSE:CP) is a leading Canadian company that owns and operates a transcontinental freight railway. On June 16, 2026, Canadian Pacific Kansas City Limited (NYSE:CP) closed at $89.15 per share. One-month return of Canadian Pacific Kansas City Limited (NYSE:CP) was 3.25%, and its shares gained 11.23% over the past 52 weeks. Canadian Pacific Kansas City Limited (NYSE:CP) has a market capitalization of $79.14 billion.
SGA Global Growth Strategy stated the following regarding Canadian Pacific Kansas City Limited (NYSE:CP) in its Q1 2026 investor letter:
Canadian Pacific Kansas City Limited (NYSE:CP) was a contributor to performance during the quarter, as solid operational execution helped offset end‑of‑year volume softness. While certain end markets such as automotive, forest products, and intermodal remained pressured by macro factors and supply chain disruptions, strong Precision Scheduled Railroading (PSR) execution drove meaningful margin strength, with management highlighting service metrics and discipline around controllable costs. Confidence improved around a 2026 inflection, supported by multiple factors including a record Canadian grain crop expected to move in the first half of 2026, easing auto chip shortages, and tariff headwinds for aluminum and paper beginning to lap in the second half of the year. The U.S. government's focus on removing non-domiciled truckers and commercial drivers license (CDL) applicants from the labor pool seems to be driving freight transportation costs higher and creating a favorable pricing environment for the company. CPKC is also planning a 5% share repurchase program at attractive prices. CPKC's unique tri-national network spanning the U.S., Canada, and Mexico, positions the company to benefit disproportionately from an eventual freight and industrial demand recovery, as well as

The boom in metal-intensive technologies like data centers and electric vehicles has made it a prime time to be in the US aluminum business.
Prices are booming. Part of that is because inside every data center are cooling units, server racks, radiators, and a litany of other pieces and parts made out of aluminum.
No wonder demand is high.
But data centers guzzle enormous amounts of power, and electricity prices are skyrocketing. In the US alone, electricity demand is expected to grow five to 10 times faster over the next 10 years than it did in the previous decade, per Bank of America.
For

Odisha is a leading producer of aluminum, coal, iron ore, and bauxite, contributing heavily to India’s industrial sector
Hydro project of Hirakud dam is one of largest in the world and its the longest dam in the world, Bhubaneswar is booming IT hub
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Odisha is a leading producer of aluminum, coal, iron ore, and bauxite, contributing heavily to India’s industrial sector
Hydro project of Hirakud dam is one of largest in the world and its the longest dam in the world, Bhubaneswar is booming IT hub
Sports capital of India