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Bloomberg: Aluminum Approaches Highest Level in 4 Years

March 11, 2026اقتصاد – الشروق أونلاينechoroukonline.comTranslated from Arabic
Bloomberg: Aluminum Approaches Highest Level in 4 Years

Bloomberg reported that aluminum prices have risen to exceed $3,400 per ton, approaching their highest levels in four years, due to global supply disruptions caused by the war in Iran. The agency explained that the conflict has led to a reduction in production in the Middle East, which accounts for about 9% of global production, while the Strait of Hormuz remains effectively closed, preventing the shipping of raw materials and the export of finished products. Read the full content on Echourouk Online.

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