Tag: US Iran tensions metals market
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LME aluminium strengthens w-o-w on tight supply outlook, macro optimism
LME stocks fall 1.7% w-o-w Smelter restarts will tighten supplies further Benchmark aluminium prices on the LME rose 2.20% in the week ended 27 February 2026. LME aluminium prices rose w-o-w, supported by production disruptions at Century Aluminum, planned smelter restarts, tight near-term supply expectations, and cautious investor sentiment amid potential mid-year Fed rate adjustments.…