[SMM Aluminum Flash News] Alcoa Shares Rally as Aluminum Prices Hit Four-Year High

Published: May 28, 2026 10:10

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Alcoa shares climbed sharply as LME aluminum prices reached their highest level in four years amid concerns over potential Chinese production cuts and continued Middle East supply disruptions. On May 26, LME three-month aluminum prices rose to USD 3,682/t, while the cash offer price reached USD 3,759/t, the highest level since March 2022. Alcoa shares increased from USD 71.38 on May 22 to USD 74.57 on May 26, gaining about 4.5%. Markets remain focused on possible output restrictions at Chinese smelters linked to energy and environmental inspections, while Middle East tensions continue to tighten global aluminum supply expectations.

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