Bloomberg: Canada prepares moves to block Chinese steel diverted from U.S. [Seeking Alpha]
Alcoa Corporation (AA)
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Source: Seeking Alpha
Canada's government is preparing tariffs and quotas on steel from China and other countries to prevent a potential flood of steel imports from global producers seeking to avoid U.S. tariffs, Bloomberg reports. The measures are expected to include new quotas on certain steel imports to prevent dumping, with tariffs applied above that threshold, with an announcement possibly coming as soon as next week alongside Canadian counter-tariffs on U.S. steel, aluminum and other products set to kick in on July 1, according to the report. Steel groups such as the Canadian Steel Producers Association have been pressing for safeguard measures. Potentially relevant tickers include X , AKS , TMST , CMC , NUE , STLD , TS , ZEUS , MT , SCHN , WOR , CENX , OTCPK:STZHF , AA , CSTM , ARNC , KALU , BLL , ACH , SLX , FOIL , JJUB Click to subscribe to real-time analytics on AA Now read: Alcoa: Strong Operating Momentum, Attractive Relati
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News
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- Alcoa raised at Morgan Stanley on cost saving measures [Seeking Alpha]Seeking Alpha
- Alcoa Co. (NYSE: AA) was upgraded by analysts at Morgan Stanley from an "underweight" rating to an "equal weight" rating. They now have a $36.50 price target on the stock, up previously from $28.50.MarketBeat
- Alcoa Co. (NYSE: AA) was downgraded by analysts at StockNews.com from a "hold" rating to a "sell" rating.MarketBeat
AA
Earnings
- 4/17/24 - Miss
AA
Sec Filings
- 4/24/24 - Form DEFA14A
- 4/18/24 - Form DEFA14A
- 4/17/24 - Form DEFA14A
- AA's page on the SEC website