Steel News

We strive to let you one step ahead of the market.

Alcoa reports $115 million impact due to Trump tariffs

18 Jul 2025 15:48 reported by Stanley Wang

A A A
Alcoa Corp., the largest aluminum producer in the U.S., reported that tariffs on Canadian imports cost the company US$115 million in the second quarter, highlighting the impact of President Donald Trump’s trade measures. To lessen the burden, Alcoa redirected Canadian-produced aluminum to markets outside the US.

The tariff cost in the second quarter was nearly six times higher than the US$20 million reported in the first quarter, when tariffs were at 25%. The rate increased to 50% in June as part of efforts to boost domestic production.

CEO William Oplinger said Alcoa has held talks with both US and Canadian officials, including Trump, and warned that American customers are paying significantly more for aluminum due to the tariffs.

Back to Steel News

Related News

Brazil launches second AD sunset review on pre-sensitized aluminum plates for offset printing

  • Aluminum
  • 20 May 2026 16:06

Tsingshan joint venture applies for LME aluminum brand listing

  • Aluminum
  • 20 May 2026 16:06

Finland's Arctial aluminum smelter targets first production in H2 2029

  • Aluminum
  • 14 May 2026 15:46

JISCO successfully trials two high-end aluminum alloy bars 5083 and 6A02

  • Aluminum
  • 14 May 2026 14:51

India initiates first CVD sunset review on Malaysia’s aluminum wires and wire rods

  • Aluminum
  • 11 May 2026 15:49

Metal Price Index

Learn more

LME Official Bid Price

  • Zinc
  • 3,515.00
  • 3,527.00
  • Aluminum
  • 3,664.00
  • 3,611.00
  • Copper
  • 13,409.00
  • 13,480.00
  • Nickel
  • 18,790.00
  • 18,990.00

Learn more