Aluminium Hits Four-Year High on Middle East Supply Worries – 17 April 2026

Summary: Benchmark three-month aluminium on the London Metal Exchange (LME) rose to $3,643 per metric ton, hitting its highest level since March 2022. The market is reacting to a looming supply deficit triggered by regional instability in the Middle East, a hub that accounts for roughly 18% of global exports (excluding China). For extrusion manufacturers, this volatility suggests continued upward pressure on raw material costs and potential shifts in global supply chain routes as the Strait of Hormuz remains a focal point of risk.

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