Investing.com -- Alcoa (NYSE: AA ), the aluminum producer, reported on Thursday that its order book for the second quarter remains strong, despite U.S. tariffs.

The company has not observed any decrease in orders that could be linked to these tariffs, according to CEO William Oplinger, who made the comments at a mining event in Melbourne.

Oplinger noted that while there is uncertainty among their customers about the future, the company’s order books for both the first and second quarters have been strong. However, he admitted that the company lacks clear insight into the situation beyond the first half of the year.

The company had previously stated during its first-quarter earnings call last month that it anticipates U.S. tariffs on aluminium imports from Canada to cost the company about $90 million in the second quarter.

In addition to the tariff-related challenges, Alcoa is also facing potential risks in Spain due to a power outage that occurred this week. The company did not provide further details on the potential impact of this development on its business operations in Spain.

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