Tag: Strait of Hormuz aluminium trade risk

Aluminium plunges over 8% on LME, sharpest fall since 2018 as Iran conflict triggers market sell-off

Mar 20, 2026

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by

Aditi Sen

in Aluminium, Non Ferrous

Global sell-off hits aluminium, copper, and gold Warehouse stocks continue downward trend Aluminium prices on the London Metal Exchange (LME) tumbled more than 8% on 19 March 2026, marking the steepest single-day decline since 2018, as escalating concerns over the economic impact of the Iran conflict triggered a broad-based sell-off across global financial and commodity…