Aluminum prices rose toward $3,500 per ton on the London Metal Exchange, on track for a 10% monthly gain, the strongest since April 2024, as Middle East conflict disrupts supply and damages production facilities. Around 10% of global aluminum output is concentrated in the Persian Gulf, where exports have been affected by Strait of Hormuz disruptions and reported strikes on plants operated by Aluminium Bahrain and Emirates Global Aluminium.

2026-03-31

Aluminum prices rose toward $3,500 per ton on the London Metal Exchange, on track for a 10% monthly gain, the strongest since April 2024, as Middle East conflict disrupts supply and damages production facilities. Around 10% of global aluminum output is concentrated in the Persian Gulf, where exports have been affected by Strait of Hormuz disruptions and reported strikes on plants operated by Aluminium Bahrain and Emirates Global Aluminium.