Aluminum Prices Near 4-Year Highs

Aluminum futures in the UK surged to $3,440 per tonne, near a four-year high, after Bahrain's Alba smelter shut down three production lines representing about 19% of its 1.6 million tonne annual capacity due to heightened regional tensions. The production cuts are driving supply concerns across global aluminum markets. This signals a significant commodity supply disruption linked to Middle East conflict.