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Aluminium resumes ascent, eyes best week in 18 months as Mideast war intensifies
Aluminium prices rose again on Friday after snapping a three-day winning streak in the previous session, and were heading for their biggest weekly jump in more than 18 months as supply concerns due to the U.S-Israel war on Iran intensified. Benchmark three-month aluminium on the London Metal Exchange was up 1.5% at $3,346.50 per metric ton as of 1050 GMT. The metal widely used in packaging and transport hit a near four-year peak of $3,418 on Wednesday as the Mideast crisis threatened to cut off aluminium shipments from the region. LME aluminium was on course to gain 6.6% this week, which would mark its biggest weekly ... (full story)
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- Mar 6, 2026 6:57am Posted byFundamental Analysis236
