Aluminum futures in the UK jumped 5% to above $3,440 per tonne, hovering near their highest level in four years, after two major aluminum production sites in the Middle East were hit by Iranian strikes, heightening fears of prolonged supply disruptions. Emirates Global Aluminium, the region’s top producer, reported “significant damage” at its Abu Dhabi facility, while Aluminium Bahrain said it was assessing the extent of the damage to its plant. Earlier this month, Alba had already shut down 19% of its 1.6-million-tonne-per-year capacity due to shipping disruptions in the Strait of Hormuz. The Middle East accounts for roughly 9% of global supply, and these attacks raise the risk of a more acute supply squeeze, even if maritime traffic through the Strait eventually normalizes. Adding further uncertainty, Guinea, the world’s largest bauxite supplier, is considering the introduction of export quotas, which could tighten raw material availability for global smelters.

Aluminum rose to 3,431.70 USD/T on March 30, 2026, up 4.78% from the previous day. Over the past month, Aluminum's price has risen 7.43%, and is up 35.28% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Historically, Aluminum reached an all time high of 4103 in March of 2022. Aluminum - data, forecasts, historical chart - was last updated on March 30 of 2026.

Aluminum rose to 3,431.70 USD/T on March 30, 2026, up 4.78% from the previous day. Over the past month, Aluminum's price has risen 7.43%, and is up 35.28% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Aluminum is expected to trade at 3276.80 USD/Tonne by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 3472.04 in 12 months time.



Price Day Month Year Date
Coal 143.85 1.85 1.30% 11.77% 38.99% Mar/27
Bitumen 4,595.00 31.00 0.68% 30.43% 28.10% Mar/30
Cobalt 56,290.00 0 0% 0% 66.32% Mar/27
Lead 1,910.55 6.72 0.35% -2.78% -5.27% Mar/30
Aluminum 3,431.70 156.50 4.78% 7.43% 35.28% Mar/30
Tin 45,788.00 1663 3.77% -14.71% 26.42% Mar/27
Zinc 3,200.75 82.20 2.64% -3.65% 12.09% Mar/30
Nickel 17,325.00 110 0.64% 0.70% 8.65% Mar/30
Molybdenum 535.00 0 0% 0% 18.49% Mar/30
Palladium 1,422.00 16.00 1.14% -20.78% 44.44% Mar/30
Gallium 2,125.00 0 0% 17.73% 16.44% Mar/30
Germanium 16,000.00 0 0% 9.59% 7.74% Mar/30
Manganese 36.95 0 0% 14.22% 22.15% Mar/30
Indium 4,250.00 -100 -2.30% -10.53% 47.83% Mar/30
Soda Ash 1,212.00 0 0% 2.02% -17.55% Mar/30
Neodymium 970,000.00 -5000 -0.51% -15.28% 72.91% Mar/30
Tellurium 775.00 0 0% 0% 5.44% Mar/30
Rhodium 10,400.00 -400 -3.70% -13.69% 82.46% Mar/30


Aluminum
Aluminum futures are mostly traded on the London Metal Exchange (LME), the New York Mercantile Exchange (COMEX) and the Shanghai Futures Exchange. The standard future contract size is 5 tons. Aluminum is used widely in aerospace applications, packaging, automobiles and railroad cars and as a construction material. The biggest producers of aluminum are: The Aluminum Corporation of China (Chalco), Alcoa and Alumina Ltd, Rio Tinto from Australia, UC Rusal of Russia, Xinfa from China, Norsk Hydro ASA from Norway and South 32 from Australia. China accounts for nearly 60 percent of global aluminum output. The biggest resources of bauxites, the raw material for aluminum are located in Australia, China and Guinea. The Aluminum prices displayed in Trading Economics are based on over-the-counter (OTC) and contract for difference (CFD) financial instruments. Our aluminum prices are intended to provide you with a reference only, rather than as a basis for making trading decisions. Trading Economics does not verify any data and disclaims any obligation to do so.
Actual Previous Highest Lowest Dates Unit Frequency
3431.70 3275.20 4103.00 1022.70 1989 - 2026 USD/Tonne Daily

News Stream
Aluminum is up by 5.27%
Aluminum increased 5.27% to 3447.88 USD/T
2026-03-30
Aluminum Prices Jump as Iran Hit Middle East Producers
Aluminum futures in the UK jumped 5% to above $3,440 per tonne, hovering near their highest level in four years, after two major aluminum production sites in the Middle East were hit by Iranian strikes, heightening fears of prolonged supply disruptions. Emirates Global Aluminium, the region’s top producer, reported “significant damage” at its Abu Dhabi facility, while Aluminium Bahrain said it was assessing the extent of the damage to its plant. Earlier this month, Alba had already shut down 19% of its 1.6-million-tonne-per-year capacity due to shipping disruptions in the Strait of Hormuz. The Middle East accounts for roughly 9% of global supply, and these attacks raise the risk of a more acute supply squeeze, even if maritime traffic through the Strait eventually normalizes. Adding further uncertainty, Guinea, the world’s largest bauxite supplier, is considering the introduction of export quotas, which could tighten raw material availability for global smelters.
2026-03-30
Aluminum Retreats from Near 4-Year High
Aluminum futures in the UK held near $3,250 per tonne, holding the retreat from a near four-year peak reached on March 12th as traders assess supply developments and demand prospects. Production has risen in some regions, with Alvance British Aluminium boosting output at its Lochaber smelter by about 10% following US tariff changes. Global inventories are now above 1.3 million tons, the highest since 2020, underscoring ample supply. On the demand side, China’s imports have fallen despite a 3% increase in domestic production during the first two months of the year. Still, the downside for prices remains limited due to supply disruptions caused by the conflict in the Middle East, a region responsible for around 9% of global supply. Bahrain’s Alba, the world’s largest single-site aluminum producer, shutdown 19% of its 1.6 million tonne-a-year production capacity while Qatalum reduced operations. Adding further uncertainty, Guinea is actively considering introducing bauxite export quotas.
2026-03-25