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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 ...
Canada to the world: Q1’26 aluminium export declines by 20%
Primary AL
The unwrought aluminium export graph of Canada to the world follows a significant year-on-year declining streak. The cumulative exports in the first quarter (Q1) of 2026 amounted to 579,279.8 tonnes, valued at USD 1.95 billion. Q1 volume comparison: 2026, 2025, 2024 Comparing quarterly volumes, the Q1 2026 export figure reflects a Y-o-Y decline of 19.7 per cent from 721,400.36 tonnes shipped in Q1 2025. Again, the Q1 2025 volume slipped from that of Q1 2024, which totalled 779,517.6 tonnes. ...

Primary AL
The London Metal Exchange (LME) aluminium prices made a modest recovery on June 22. Cash price and futures contracts improved over the previous session’s figures, while the continued decline of opening stocks indicated market volatility.  On June 22, the LME aluminium cash bid price edged up from USD 3,399 per tonne to USD 3,403 per tonne, reporting a 0.12 per gain. The offer price moved from USD 3,400 per tonne to USD 3,405 per tonne, rising by 0.15 per cent. The LME aluminium three-month c ...
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