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Aluminium hits four-year high on renewed Middle East supply risks
Benchmark aluminium on the London Metal Exchange traded 0.5% higher at $3,685 a metric ton in official rings. Earlier, it touched $3,707.50 to match a level hit on May 26 for its highest point since March 2022.
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economictimes.indiatimes.com
Timeline cronologica
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Premium for near-term LME aluminium at 19-year high as Iran war tightens supply
The war has curtailed most shipping through the Strait of Hormuz, a key route for Gulf producers to export aluminium and import raw materials. Two regional smelters were hit by…
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Aluminium hits four-year high on renewed Middle East supply risks
Benchmark aluminium on the London Metal Exchange traded 0.5% higher at $3,685 a metric ton in official rings. Earlier, it touched $3,707.50 to match a level hit on May 26 for…