Flash | 20 Aug 2026 08:36:18 ET │ 10 pages China Materials 2026 On-Ground Demand Monitor Series #101 - Aluminum Inventory and Consumption CITI'S TAKE See Appendix A-1 for Analyst Certification, Important Disclosures and Research Analyst Affiliations In this series of notes, we aim to track and analyze high-frequency on- ground demand trends in China. In this note, we enclose weekly data from Mysteel, a consultant, on China aluminum ingot and billet production, inventory, and apparent consumption data during ...

Eagle Capital Management stated the following regarding Alcoa Corporation (NYSE:AA) in its Q2 2026 investor letter: "The energy & metals companies we own benefit from favorable multiyear supply/demand outlooks, management teams that are good capital allocators, and asset bases that are well- positioned on the global cost curve. Alcoa Corporation (NYSE:AA) is a global producer of aluminum and alumina. For more than two decades, Chinese aluminum supply was relentless, swamping the market. The country has impo ...