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Alcoa shares are on track for their worst day since President Trump announced sweeping tariffs in April 2025, trading as much as 12% lower after the Pittsburgh company said it would pay up to $5.6 billion for bauxite, alumina and aluminum assets in South Africa, Australia and Brazil. The BHP spinoff will receive $3.1 billion in cash, newly issued Alcoa stock worth roughly $1 billion that it plans to distribute to shareholders and future payments that could reach $750 million. The deal comes amid a decline in aluminum prices from near record highs reached when fighting in the Persian Gulf blocked the region's aluminum smelters from global markets.

Investing.com - U.S. stock futures pointed lower on Wednesday as investors awaited fresh remarks from Federal Reserve Chair Kevin Warsh and monitored uncertain peace talks between the United States and Iran.

The stock market, and technology names in particular, were falling ahead of the open Wednesday after a strong performance in the previous session.

Investing.com -- The Canadian government announced on Wednesday its intention to extend key steel and aluminum tariff measures for an additional year to shield domestic industries from global trade distortions. The policy extension aims to counter non-market practices and prevent trade diversion from undermining local producers and workers. Subject to official approval, the extension will prolong the nation’s steel tariff-rate quotas for non-CUSMA partners until June 27, 2027. Additionally, hori

Century Aluminum is Thursday's IBD Stock Of The Day as the largest U.S. aluminum producer is humming like rarely before thanks to Trump tariffs and fallout from the Middle East conflict. The good news has legs, which is why CENX stock continued to rise within buy range even amid a report that U.S. and Iranian negotiators see eye-to-eye on a potential 60-day ceasefire. Aluminum prices climbed 0.8% to a four-year-high $3,650 per metric ton and have climbed around 18% since the conflict began Feb. 28, according to CME Group data.

Aluminum usually doesn’t get the spotlight like gold or copper, but right now the market is unusually tight. A mix of Middle East supply disruptions, shipping issues, and U.S. tariffs has pushed prices higher and given Alcoa (NYSE:AA) a massive boost. The stock is up nearly 134% over the past year and is now trading close to its highs around $70.

AA faces rising energy, raw material and restart costs, with higher diesel prices expected to hurt Q2 2026 results.

Commodities are in a really interesting spot right now. Even though we’re well into 2026, inflation is still stubbornly above the Fed’s 2% target. The Consumer Price Index hit 336.1 in March, jumping over 1% in just a single month. At the same time, the 10-year Treasury yield is sitting right at 4.32%. That is ... Commodity Prices Are Soaring Again. Here Are 3 ETFs to Ride the Trend