Alcoa on US Aluminum Premium

Alcoa finance chief Molly Beerman stated that the steep US aluminum premium will not drop significantly even if Washington halves tariffs on Canadian metal. She noted the US still needs a million tons of imports from other regions.

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FILE PHOTO: A drone picture shows Alcoa's Becancour aluminum smelter, in Becancour, Quebec, Canada February 10, 2025.  REUTERS/Bernard Brault/File Photo

ALCOA CORP Chief Financial Officer Molly Beerman said the steep premium paid for aluminum in the United States will not drop significantly even if Washington halves tariffs on metal from neighboring Canada to 25%.

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