Summary: Following Iranian strikes on major smelters in the Middle East (specifically EGA and Alba facilities), Goldman Sachs has flipped its 2026 market balance from a surplus to a 570,000-tonne deficit. This scarcity is driving LME cash settlement prices toward the $3,600 mark, indicating a “higher-for-longer” raw material cost environment for extrusion manufacturers.

Article Link :

AlCircle – Market Forecast Revision