ALUM News & Analysis
2 articles
Market Mood
Aluminum Supply Shortage Continues Amid Market Uncertainty
Limited data available — The article discusses ongoing issues in the aluminum market, citing a prolonged supply deficit that impacts pricing and availability. Analysts believe that these supply chain disruptions could affect market dynamics and aluminum prices in the near term. The aluminum market faces challenges due to production cutbacks and geopolitical factors that exacerbate the situation. This prolonged supply disruption could influence both producers and consumers in related sectors.
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Aluminum Prices Surge 5.5% Following Iranian Attacks on Producers
Aluminum prices increased 5.5% to $3,492 per tonne on the London Metal Exchange following Iranian drone and missile strikes on two Middle Eastern producers, Emirates Global Aluminium (EGA) and Aluminium Bahrain, over the weekend. By Monday afternoon, prices settled at $3,381 per tonne, marking a 10% rise since February 28. EGA's Al Taweelah smelter sustained 'significant' damage, producing 1.6 million tons of cast metal in 2025. Analysts predict this disruption could lead to a full-year deficit in the global aluminum market due to an expected production loss of about 800 to 900 kilotons in 2026.
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