Rusal reduziu a produção de alumínio primário em 2025, enquanto aumentou a produção de alumina e bauxita

[SMM Aluminum Express News] Alcoa has agreed to acquire most of South32’s bauxite, alumina, and aluminum assets for an upfront consideration of US$4.1 billion in cash and stock, with potential contingent payments of up to US$750 million linked to future alumina and aluminum prices. The transaction includes South32’s interests in Worsley Alumina (Australia), Hillside Aluminium (South Africa), and bauxite, alumina, and aluminum operations in Brazil, but excludes the idled Mozal smelter in Mozambique. Alcoa expects approximately US$900 million in synergies and believes the acquisition will strengthen its position as a leading pure-play upstream aluminum producer. The deal is expected to close in H1 2027.

[Mideast Situation Adds New Uncertainties, Aluminum Prices Continue in the Doldrums] The dispute over control of the Strait of Hormuz persists, and the resumption of navigation through the strait remains uncertain. The hawkish shift by the US Fed has boosted the US dollar index, weighing on nonferrous metal prices. Under macro headwinds, aluminum prices in and outside China have fallen. In the short term, bearish factors dominate, and aluminum prices are expected to continue in the doldrums.

Em 2026, o estoque de lingotes de alumínio da China recuou continuamente de uma máxima de 1,465 milhão de toneladas métricas no início de maio, e até o final de junho uma desestocagem acumulada de 300 mil toneladas métricas o reduziu para 1,165 milhão de toneladas métricas, com o ritmo de desestocagem se acentuando notavelmente. Na semana passada, as retiradas dos armazéns dispararam para 170 mil toneladas métricas, atingindo um novo recorde semanal em quase quatro anos. Impulsionada por três fatores — a proporção de alumínio líquido do lado da oferta subindo mais do que o esperado, a demanda exportadora favorável e...