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US tariff cut on Canadian aluminum won’t lower Midwest Premium by much: Alcoa

Reducing the US 50% tariff on Canadian primary aluminum will not significantly reduce the US Aluminum Midwest Premium, according to Molly Beerman, CFO of aluminum giant Alcoa.

  • US tariff reduction to 25% on Canadian aluminum won't significantly lower Midwest Premium.
  • Failed trade talks between US and Canada collapsed on Aug. 21, leading to retaliatory tariffs.
  • Alcoa reports strong demand for aluminum, especially in packaging and electrical infrastructure.

Cavotec and EVIAS enter exclusive partnership to revolutionise charging of e-vehicles in ports

Cavotec and EVIAS have entered into an exclusive distribution agreement to bring EVIAS’ automatic ground-based charging technology to ports worldwide.

  • Cavotec and EVIAS form exclusive distribution agreement for port charging technology.
  • EVIAS' automatic ground-based charging system enables vehicles to charge while in motion.
  • Partnership expands Cavotec's electrification offerings to port horizontal transport applications.

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