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LME aluminum prices hike by nearly 2% due to Middle East supply fears

25 Mar 2026 16:28 reported by Joy Liu

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The London Metal Exchange (LME) aluminum prices rose by US$61.5, reaching US$3,260.5 per ton on March 24, as escalating Middle East conflicts sparked global supply worries. Despite a temporary delay in specific military threats, investors remain anxious about potential shipment disruptions from regional smelters, which account for roughly 9% of global production.

Other industrial metals such as copper faced pressure from rising oil prices and a stronger dollar, but aluminum decoupled from the broader market downturn. This upward movement reflects a risk-off sentiment as the market assesses the impact of ongoing sea-lane blockades on metal availability. Therefore, aluminum ended the Tuesday session with a nearly 2% growth, defying the bearish trend seen in nickel, zinc, and lead.

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Metal Price Index

Learn more

LME Official Bid Price

  • Zinc
  • 3,515.00
  • 3,527.00
  • Aluminum
  • 3,664.00
  • 3,611.00
  • Copper
  • 13,409.00
  • 13,480.00
  • Nickel
  • 18,790.00
  • 18,990.00

Learn more