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Aluminium prices surged to $3,544/ton in March 2026 due to Middle East tensions disrupting key shipping routes and cutting production in Qatar and Bahrain.
Aluminium prices hit a four-year high of $3,544 per metric ton in early March 2026 due to escalating Middle East tensions disrupting shipping through the Strait of Hormuz, a vital trade route.
Supply concerns grew after smelters in Qatar and Bahrain announced production cuts and force majeure notices, while global aluminium supply chains faced strain.
Prices later eased to $3,386, but analysts warn prolonged disruptions could push prices above $4,000.
The surge contrasted with declines in gold and silver as investors shifted focus amid the aluminium supply scare.
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Los precios del aluminio aumentaron a $ 3,544 / tonelada en marzo de 2026 debido a las tensiones en Oriente Medio que interrumpieron las principales rutas marítimas y redujeron la producción en Qatar y Bahréin.