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- LME Aluminum 3M Select trades $-48 lower to $3559 at 8:34:39 AM
- LME Copper 3M Select trades $117 higher to $13170 at 8:34:39 AM
- (Bloomberg) – Copper rose to the highest level in more than a month as most industrial metals rallied on optimism that the US and Iran will restart peace talks. President Donald Trump said Tehran had reached out to his administration on potential peace talks, even as the US began a naval blockade of the Strait of Hormuz. Iran has left the door open for further discussions, yet investors remain wary of renewed volatility due to the risk of escalation. Industrial metals have been whipsawed since the Middle East war erupted at the end of February. They were initially hit by fears of soaring energy costs and the impact on economic growth before partially recovering on signs the conflict may be nearing an end. Aluminum jumped to a four-year high Monday on the further disruption to supplies due to the US blockade, but prices fell more than 1% on Tuesday as hopes for a resolution rose.
- CME HRC Steel last traded at $1046 and $0 lower at 4/13/2026
Price Indications
Today's Charts
Metals Factor Matrix
AEGIS Factor Matrices: Most important variables affecting metals prices
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