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Aluminium Market Outlook

Alcoa shares drop 30% as aluminium market cools on Middle East supply hopes
Primary AL
Alcoa shares (ASX: AAI) have come under pressure, dropping 30 per cent over the past three weeks as aluminium prices softened on expectations that supply disruptions owing to the Middle East conflict may gradually ease. On Tuesday, Alcoa's Australian-listed shares fell 4.17 per cent to close at AUD 80.42 (USD 55.48), wiping out the gains reported earlier in 2026. The decline remained at par with another weak session for aluminium on the London Metal Exchange (LME), whereby the aluminium cash ...
Vedanta Aluminium poised for Large-Cap status in upcoming AMFI reclassification
Primary AL
Vedanta Aluminium holds the potential to secure a place in the Large-Cap segment along with BSE, Vodafone Idea, and Hitachi Energy India, under the upcoming semi-annual stock categorisation by the Association of Mutual Funds in India (AMFI). Meanwhile, LG Electronics and Siemens Energy India might occupy Mid-Cap positions. Vedanta Power, Vedanta Oil & Gas and Vedanta Iron & Steel, from the Vedanta demerger, are expected to enter the Small-Cap category. The revised classification, expected in ...

SupplementAL
Has the Strait of Hormuz really reopened? The answer depends on whom you ask. Following the preliminary agreement between Washington and Tehran on June 17, markets initially welcomed the prospect of the Strait of Hormuz returning to normal operations and global energy supplies flowing without disruption. The easing of immediate geopolitical tensions prompted traders to unwind much of the risk premium that had accumulated during the conflict, triggering a sharp correction across oil and alumini ...
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