The whole world is anxiously waiting for one detail from Alcoa’s earnings announcement

According to Bain & Company, lithium-ion batteries will remain dominant for the foreseeable future.

The output cuts underscore the industry’s struggle with a shortage of feedstocks caused by recent mine production setbacks.

Iron ore is one of the year’s worst performing major commodities, slumping by almost a quarter as China’s property crisis drags on.

The metal headed for a third daily decline, with copper miners also under pressure as a risk-off mood took hold in broader equity markets.