Aluminum prices rose on Monday amid reports of Iranian attacks on facilities belonging to the largest Middle Eastern metal producers.
Three-month aluminum futures on the London Metal Exchange (LME) were trading at $3,432.5 per ton as of 11:10 a.m. local time, up 4.1% from the previous session’s close. Earlier in the session, the price rose to $3,492 per ton, its highest level since March 19, approaching a four-year high of $3,546.5 per ton.
Aluminum contracts, the most actively traded on the Shanghai Futures Exchange, rose 3.43% to 24,725 yuan ($3,578.82) per ton at Monday’s market close.
Last Sunday, Aluminium Bahrain (Alba), which operates one of the world’s largest aluminum plants, said it was assessing the damage from Saturday’s Iranian strikes on its facility. In addition, leading Middle Eastern aluminum producer Emirates Global Aluminium reported “significant damage” to production facilities as a result of Iranian missile and drone attacks on the Khalifa economic zone in Abu Dhabi.
Concerns about disruptions to aluminum supplies to the global market arose with the start of the U.S. and Israeli war against Iran. Producers from the Persian Gulf countries, which account for about 9% of global supply, have lost the ability to ship metal through the Strait of Hormuz. Under these conditions, Alba has already begun cutting back production, and damage to its facility could worsen the situation, experts note.
“Attacks on facilities increase the likelihood of prolonged supply disruptions,” states a report by ING Economics analysts. “Supply issues may persist even if geopolitical tensions ease, heightening the risk of rising prices.”
For a more detailed overview of global aluminum production—1970–2024—watch the video on the Experts Club YouTube channel.
In January-February 2026, Ukraine increased imports of aluminum and aluminum products by 15.8% to $86.371 million (in February – $46.957 million).
Exports of aluminum and aluminum products in January-February of this year increased by 14.2% compared to the same period last year, to $22.793 million (in February – $11.063 million).
In 2025, Ukraine increased imports of aluminum and aluminum products by 15.3% to $514.098 million.
Exports of aluminum and aluminum products in 2025 increased by 22.9% compared to 2024, reaching $152.919 million.
Aluminum is widely used as a structural material. The main advantages of aluminum are its lightness, malleability, corrosion resistance, high thermal conductivity, and the non-toxicity of its compounds. In particular, these properties have made aluminum extremely popular in the production of kitchen utensils, aluminum foil in the food industry, and for packaging. The first three properties have made aluminum the main raw material in the aviation and aerospace industries (recently, it has been replaced by composite materials, primarily carbon fiber). After construction and packaging production—aluminum cans and foil—the largest consumer of metal is the energy sector.
For a more detailed overview of global aluminum production from 1970 to 2024, see the video on the Experts Club YouTube channel.
Aluminum prices showed increased volatility on Monday: earlier in the session, quotes updated their maximum since April 2022, but then began to decline.
The price of aluminum futures on the London Metal Exchange (LME) fell 1.1% to $3,387 per ton by 16:07 GMT. During the session, quotes rose 2.8% to $3,544 for the first time since April 2022.
Over the past week, aluminum has risen in price by almost 10%, recording its highest growth in three years, amid fears of supply disruptions from the Middle East, which accounts for about 9% of global production of this metal. Two aluminum plants, in Qatar and Bahrain, were forced to suspend deliveries due to armed conflict in the region.
“A prolonged war will hurt aluminum supplies,” said Gao Yin, an analyst at Shuohe Asset Management Co. According to her, consumers are building up aluminum stocks in case of such an event.
For a more detailed overview of global aluminum production from 1970 to 2024, watch the video on the YouTube channel Experts Club.
Aluminum prices hit a nearly four-year high on Wednesday amid fears of supply disruptions from the Middle East.
The price of aluminum futures on the London Metal Exchange (LME) rose 3.1% to $3,379.8 per ton by 3:00 p.m. During the session, the price exceeded $3,400 for the first time since April 2022.
Aluminium Bahrain (Alba, one of the largest aluminium producers in the Middle East) announced force majeure on its contracts on Wednesday because it is unable to ship aluminium products.
“This is due to the situation in the Strait of Hormuz, which prevents us from shipping. Therefore, we are continuing production, but the metal is here in Alba,” he told Reuters.
According to AZ China, the Middle East accounts for about 9% of global aluminum production.
For a more detailed overview of global aluminum production from 1970 to 2024, see the video on the Experts Club YouTube channel.
In January 2026, Ukraine increased imports of aluminum and aluminum products by 7.5% to $39.414 million (in December — $43.298 million).
Exports of aluminum and aluminum products in January 2026 increased by 24.4% compared to the same period last year, to $11.730 million (in December, $11.805 million).
In 2025, Ukraine increased imports of aluminum and aluminum products by 15.3% to $514.098 million.
Exports of aluminum and aluminum products in 2025 increased by 22.9% compared to 2024, reaching $152.919 million.
In 2024, Ukraine increased imports of aluminum and aluminum products by 21.7%, reaching $446.006 million.
Exports of aluminum and aluminum products in 2024 increased by 27.4% compared to the previous year, reaching $124.408 million.
At the same time, in 2023, imports of aluminum and aluminum products increased by 7.7%, reaching $366.463 million.
Exports of aluminum and aluminum products in 2023 increased by 0.7% compared to 2022, reaching $97.616 million.
Aluminum is widely used as a structural material. The main advantages of aluminum are its lightness, malleability, corrosion resistance, high thermal conductivity, and the non-toxicity of its compounds. In particular, these properties have made aluminum extremely popular in the production of cookware, aluminum foil in the food industry, and for packaging. The first three properties have made aluminum the main raw material in the aviation and aerospace industries (recently, it has been replaced by composite materials, primarily carbon fiber). After construction and packaging production—aluminum cans and foil—the largest consumer of metal is the energy industry.
For a more detailed overview of global aluminum production from 1970 to 2024, see the video on the Experts Club YouTube channel.
In 2025, Ukraine increased imports of aluminum and aluminum products by 15.3% to $514.098 million. Aluminum exports grew by 22.9% to $152.919 million.
In December, imports amounted to $43.298 million, while exports amounted to $11.805 million.
This is a continuation of the growing trend: in 2024, imports had already increased by 21.7% compared to 2023.
Aluminum is widely used as a structural material. The main advantages of aluminum are its lightness, malleability, corrosion resistance, high thermal conductivity, and the non-toxicity of its compounds. In particular, these properties have made aluminum extremely popular in the manufacture of cookware, aluminum foil in the food industry, and for packaging. The first three properties have made aluminum the main raw material in the aviation and aerospace industries (recently, it has been replaced by composite materials, primarily carbon fiber). After construction and packaging production—aluminum cans and foil—the largest consumer of metal is the energy sector.
For a more detailed overview of global aluminum production from 1970 to 2024, see the video on the Experts Club YouTube channel.
