Summary: Aluminium prices on the London Metal Exchange (LME) surged by over 2.6% today, fueled by escalating tensions in the Middle East and disruptions in the Strait of Hormuz. With the region accounting for 8% of global primary output, the market is bracing for a supply squeeze. For extruders, this translates to immediate upward pressure on billet premiums and raw material costs.

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LME Aluminium Price Analysis