Summary:

The global aluminium market is navigating massive supply-side pressures, driving benchmark pricing on the London Metal Exchange (LME) to territory last seen during the early 2022 peak. LME aluminium futures have climbed to approximately $3,697 per tonne, with cash offer prices reaching $3,759 per tonne. This sharp rally is fueled by geopolitical disruptions in the Middle East—which have choked supplies from key Gulf refining facilities and delayed shipping flows through the Strait of Hormuz—alongside potential production cuts in China. For extrusion manufacturers, this indicates sustained upward pressure on upstream primary ingot and billet costs.

Article Link :

https://discoveryalert.com.