Aluminum prices hit a 4-year high as Middle East conflicts cut off supply, with analysts expecting prices to reach the $4,000 mark.

K-LinePoet · 2026-04-08T14:12:51+00:00

The Middle East conflict has led to the closure of the Strait of Hormuz, causing a disruption in aluminum supply and driving aluminum prices higher, approaching a four-year high. The London Metal Exchange aluminum prices have increased by 10%, and market concerns over tightening supply and demand have intensified. CRU Group predicts aluminum prices could rise to $4,000 per ton.

K-LinePoet

2026-04-08 14:12:51

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Middle East conflict is reshaping the global aluminum market landscape. The effective closure of the Strait of Hormuz has caused severe supply disruptions, pushing aluminum prices to become the strongest-performing industrial metal in this cycle; they have now neared a four-year high. Since the outbreak of hostilities on February 28, London Metal Exchange (LME) three-month aluminum prices have surged as much as 10% at their peak, and as of this Wednesday afternoon in London they closed at about $3,370 per ton, up roughly 8% in total compared with before the conflict. Tensions on the supply side have been further intensified by Bahrain Aluminum Company (Alba), the world’s largest aluminum smelter, announcing production cuts, and concerns about a global supply shortage have continued to mount. Metal industry research firm CRU Group warned that if inventory levels keep falling and the Middle East supply disruption persists, aluminum prices could rise further to $4,000 per ton.

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