Alcoa Cuts 2018 Profit Forecast

Alcoa Cuts 2018 Profit Forecast

Assessment

Interactive Video

Business

University

Hard

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The video discusses the impact of US tariffs on Alcoa's profit forecast, highlighting the company's revision from a potential $3.7 billion to $3 billion. The CEO attributes this change to tariffs affecting aluminium production and export from Canada to the US. Concerns are raised about US industrial customers potentially relocating due to increased costs. The outlook for other aluminium suppliers like Rio Tinto and Chinese producers is explored, noting Rio Tinto's strong performance and China's record aluminium exports. The overall impact of tariffs remains uncertain.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What impact did the tariffs have on the costs incurred by Alcoa?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What trend was observed in China's aluminium exports in the first half of the year?

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