Aluminium prices soared to their highest point in more than four years on Monday as Middle East supply risks escalated after the U.S. and Iran traded military strikes, traders said.
Benchmark aluminium on the London Metal Exchange traded 0.5% higher at $3,685 a metric ton in official rings. Earlier, it touched $3,707.50 to match a level hit on May 26 for its highest point since March 2022.