Aluminum prices rose toward $3,500 per ton on the London Metal Exchange, on
track for a 10% monthly gain, the strongest since April 2024, as Middle East
conflict disrupts supply and damages production facilities. Around 10% of global
aluminum output is concentrated in the Persian Gulf, where exports have been
affected by Strait of Hormuz disruptions and reported strikes on plants operated
by Aluminium Bahrain and Emirates Global Aluminium.