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- LME Aluminum 3M Select trades $-67 lower to $3379.5 at 8:07:03 AM
- (Bloomberg) – Aluminum fell amid a broad selloff across financial markets, after earlier touching the highest in almost four years as escalating hostilities in the Middle East hit supplies from the region. Aluminum jumped almost 10% last week, the most in three years, as the war curtailed shipments from the Persian Gulf, which accounts for about 9% of global supply. Buyers in the US rushed to secure alternative cargoes from Asia after at least two major smelters in the Middle East — one in Qatar and another in Bahrain — were forced to suspend deliveries. In another sign of how the conflict is impacting the market, the cash to three-month aluminum spread hit $59 a ton on Monday, also the highest since 2022, indicating that spot demand is exceeding supply.
- LME Copper 3M Select trades $-100.5 lower to $12763 at 8:07:03 AM
- CME HRC Steel last traded at $1018 and $2 higher at 3/6/2026
Price Indications
Today's Charts
Metals Factor Matrix
AEGIS Factor Matrices: Most important variables affecting metals prices
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