Alcoa has released a forecast stating that its Aluminum business segment's adjusted EBITDA for the second quarter of 2026 is expected to show a significant quarter-on-quarter increase, with a projected positive impact of approximately $55 million.

This optimistic outlook mainly stems from the continued improvement in market supply and demand dynamics and the optimization of operational efficiency. The company's management pointed out that the dual benefits of the global aluminum price rebound and cost control measures will provide strong support for quarterly performance. If these forecasts come true, this will mark consecutive growth for Alcoa in the wake of its first quarter results, reflecting accelerating recovery momentum in its core business segments. Analysts believe that this data could become a key indicator for gauging a turning point in the industry cycle.