LME Aluminium Stabilizes Near $3,035/t Amid Supply Constraints – 21 February 2026
Summary: The London Metal Exchange (LME) aluminium cash offer price has stabilized at approximately $3,035 per tonne this week. While prices have cooled slightly from recent highs due to global financial consolidation, the long-term outlook remains firm. Global warehouse stocks have declined by 0.42%, signaling a continued structural supply deficit that supports a higher price floor for extrusion billets and primary ingots throughout 2026.
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