On August 11, Alcoa rose 5.11% in regular trading, trading at $54.3/share, with turnover of $45.56 million. The rally was driven by escalating supply disruption concerns as the Strait of Hormuz navigation deadlock intensified.

On the news front, US-Iran negotiations have reached an impasse, with short-term prospects for reopening the Strait of Hormuz growing increasingly dim. Aluminum prices have risen for seven consecutive trading days. The Gulf region accounts for approximately 9% of global primary aluminum production, with over 5 million tons of aluminum products shipped through the strait annually, fueling persistent supply disruption fears. Additionally, weaker-than-expected US July non-farm payroll data prompted markets to pare back rate hike bets, easing macro headwinds and providing further support for base metals.

Within the Aluminum sector, Century Aluminum gained 3.22%, Kaiser Aluminum rose 2.05%, and Constellium NV added 2.04%, while Tredegar declined 2.63%.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)