Aluminium prices remain elevated as global supply expected to be tight in 2026 – 12 December 2025

Market watchers note that LME aluminium prices and U.S. aluminium premiums are holding at high levels, with ongoing tightness expected to carry into 2026, even as new environmental and trade policies (e.g., EU’s CBAM) pose challenges to producers.
👉 Source: SteelNews aluminium market report — https://steelnews.biz/aluminium-prices-remain-at-high-levels/Steel News by Gerber Group

LME aluminium prices, after falling below USD 2,800 per tonne on 21 November, have also risen again and stood yesterday at just under USD 2,900 (+3.7%).

Tight Aluminium Supply Expected for 2026

For 2026, analysts at ING expect aluminium to remain in short supply. This shortage is further fuelled by global delivery difficulties and a Chinese aluminium industry operating near its maximum permitted production. At present, China is not expected to become a net exporter of aluminium in the near future; instead, production will continue to be predominantly processed domestically. This should influence aluminium prices further.

https://steelnews.biz/aluminium-prices-remain-at-high-levels/Steel News by Gerber Group