Aluminum slumped as much as 8.4% to $3,115 a ton on the London Metal Exchange, the biggest drop since 2018, as concerns over the economic impact of the Iran war triggered broad market losses. Earlier supply-driven gains reversed, with copper falling over 4%, gold dropping more than 5%, and global equities also sharply lower.

2026-03-19

Aluminum slumped as much as 8.4% to $3,115 a ton on the London Metal Exchange, the biggest drop since 2018, as concerns over the economic impact of the Iran war triggered broad market losses. Earlier supply-driven gains reversed, with copper falling over 4%, gold dropping more than 5%, and global equities also sharply lower.