Alcoa: War in the Middle East threatens 9% of global aluminum production. Aluminum price rally makes the leading US company a winner!

The global aluminum market is in shock, and Alcoa is positioning itself as one of the biggest winners. While geopolitical tensions in the Middle East are impacting the infrastructure of competitors, the price of the lightweight metal surged by 5% today to $3,446.5 per ton - a new 3-year high. For the US aluminum giant ALCOA, this environment not only means higher revenues but also significant margin expansion and the opportunity for a new 52-week high. Geopolitical risks threaten 9% of global production The trigger for the price rally was war...