• The global aluminum deficit narrowed to 338,000 metric tons in the third quarter of 2026, but supply remained tight.
• Global inventories fell to 44 days of consumption, the lowest level in recent years, as demand remained strong.
• Average LME aluminum prices fell to US$ 3,226 per metric ton from US$ 3,571 in the second quarter as supply risks eased.
• Lower metal prices squeezed producer margins, particularly outside China, where higher alumina costs added pressure.
• CBA entered the lowest-cost quartile of global aluminum producers, improving its competitive position.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Companhia Brasileira de Aluminio published the original content used to generate this news brief on November 03, 2026, and is solely responsible for the information contained therein.