Alcoa's Q2 order book remains strong, CEO says

Reuters

05-01

Alcoa's Q2 order book remains strong, CEO says

MELBOURNE, May 1 (Reuters) - Alcoa's AA.N order book for the second quarter remained strong and the company is yet to see a drop in orders related to the tariffs imposed by U.S. President Donald Trump, CEO William Oplinger said on Thursday.

The aluminum producer said last month during its first-quarter post-earnings conference call it expects U.S. tariffs on aluminium imports from Canada to cost the company about $90 million in the second quarter.

(Reporting by Melanie Burton in Melbourne and Renju Jose in Sydney; Editing by Muralikumar Anantharaman)

((renju.jose@thomsonreuters.com;))

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