LME Aluminium Hits $3,269/Tonne; Cast Alloy Futures Fall Sharply – 21 March 2026

wertyuio

Summary: Primary aluminium prices have surged to nearly four-year highs, driven by the closure of the Strait of Hormuz affecting roughly 9% of global output. Conversely, cast aluminium alloy futures (SMM ADC12) have seen a 2.52% drop due to weak downstream purchase willingness at these high price levels. For an extruder, this highlights a widening gap between primary material costs and secondary market demand.

https://www.alcircle.com