Reeling aluminum market braces for mining giant Alcoa’s outlook

With the coronavirus crisis clouding the outlook for almost every industry, the aluminum market is hoping to get at least a glimpse of what’s in store from top US producer Alcoa on Wednesday.

Aluminum, found in everything from jets to iPhones, has been among the worst-performing commodities during the crisis as governments lock down large swathes of their economies. Speculation is rising that the pandemic will spur shutdowns of smelters, which extract the metal from ore for use in applications.