Aluminium

Aluminium price spike from Middle East war fans costs for US solar industry

Higher installation costs are expected to trickle down to consumers

The closure of the Strait of Hormuz has disrupted exports of aluminium from smelters in the Persian Gulf, and that has hit beverage manufacturers in India.

The Iran war is coming for your Diet Coke

The disruption in aluminium exports is hitting beverage manufacturing and power grid build-outs

The stronger market backdrop has fed a strong reporting season for Chinese metals giants that are among the world’s biggest producers.

China’s metals industry racked up huge profits in first quarter

The big jump in metal-making profits reflects a broader reflation underway across the Chinese economy

Tax authorities are not seeking to stymie legitimate trading, but market participants fear they may have overtightened their quotas, affecting real-world flows.

China tax authorities rattle metal market with invoice crackdown

The probe has ensnared a broad group of traders dealing in copper, aluminium and silver in Shanghai, according to several affected parties

China is already the world’s top producer and in recent years, has been exporting its excess.

China’s aluminium output fuelled by Middle East’s stranded cargoes

The war in the Persian Gulf is driving more alumina to the Asian nation

Domestic carmakers get about 70% of their aluminium imports from the Middle East, according to the nation’s top auto lobby.

Japan manufacturers hurt most by aluminium shortage from Iran war

Most companies in the country often maintain about two months of inventory for parts or raw material

Copper, viewed as a gauge of global economic momentum, is so interlinked with industrial activity and investments in infrastructure and the power sector that it is the one to watch, says David Fyfe of Argus Media.

Asia ‘absorbs the hit on every axis’: What volatile copper, aluminium prices mean for the region

Analysts note that Asia is most vulnerable to volatility in base metals due to a lack of buffers

A steel worker stands amid sparks of raw iron coming from a blast furnace at a ThyssenKrupp steel factory in Duisburg, Germany, Nov 5, 2025.

US set to roll out tiered tariffs on steel, aluminum imports

Tariffs will be shifted from content to the full value of the imported product

It is still possible that a ground invasion is ordered, or someone reaches for the nuclear button in pursuit of a quick end to the Middle East conflict.
THINKING ALOUD

Nothing should be ruled out if Iran war drags on for much longer

Religious convictions on every side are also weighing on the willingness to fight

The closures are the latest impact on the Middle East aluminium sector from the US-Israeli war on Iran.

Bahrain’s Alba shuts 19% of aluminium capacity as Hormuz disruption continues

The company has initiated a controlled shutdown of three lines