Fitch Ratings said Thursday that it has affirmed the ratings for Alcoa Inc. (AA) including its Issuer Default Rating and senior unsecured debt at 'BBB-'.
The Rating Outlook is revised to Negative from Stable.
Fitch said the ratings reflect Alcoa's leading position in the industry, its strength in low-cost alumina production, and the operating flexibility afforded by the scope of its operations.
The Negative Outlook reflects the possibility that, given weakness in the aluminum market, EBITDA will fall short of expectations and high financial leverage will persist, the rating agency said.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.