To The Moon

Will the Strait of Hormuz crisis keep driving prices up, or will supply chain adjustments cool the rally? Are you bullish on aluminum stocks, or worried about downstream manufacturing pain? Share your take on the aluminum market’s next move below! Amid the ongoing escalation of geopolitical conflicts in the Middle East, the global aluminum supply chain has suffered another heavy blow. On Wednesday this week, due to heightened navigation risks in the Strait of Hormuz, Aluminium Bahrain (Alba), one of the world’s largest aluminum producers, announced a suspension of shipments and activated the force majeure clause in its supply contracts. Following the news, London Metal Exchange (LME) aluminum prices soared by as much as 2.5% intraday, hitting $3,340 per tonne—a new high since April 2022. Y

Will the Strait of Hormuz crisis keep driving prices up, or will supply chain adjustments cool the rally? Are you bullish on aluminum stocks, or worried about downstream manufacturing pain? Share your take on the aluminum market’s next move below! Amid the ongoing escalation of geopolitical conflicts in the Middle East, the global aluminum supply chain has suffered another heavy blow. On Wednesday this week, due to heightened navigation risks in the Strait of Hormuz, Aluminium Bahrain (Alba), one of the world’s largest aluminum producers, announced a suspension of shipments and activated the force majeure clause in its supply contracts. Following the news, London Metal Exchange (LME) aluminum prices soared by as much as 2.5% intraday, hitting $3,340 per tonne—a new high since April 2022. Y