LME Aluminum Hits 4-Year High as Geopolitical Tensions Disrupt Primary Supply – 7 March 2026

Summary: Aluminum prices have spiked to over $3,350/tonne following significant supply chain disruptions in the Gulf region. Reports indicate that primary production in Qatar, UAE, and Bahrain has been hindered by regional instability and shipping pauses in the Strait of Hormuz. For extrusion manufacturers, this translates to immediate pressure on raw material costs and a “tug-of-war” between high input prices and sluggish demand in the construction sector.

https://tradingeconomics.com