Aluminum price jumps the most in three weeks as US-Iran truce holds
Geopolitics · Bloomberg ·
Aluminum jumped the most in three weeks, leading other base metals higher, with signs of a US-Iran truce still holding and easing market fears of a full-blown war dragging down global economic growth. Aluminum prices have also been supported by supply tightness in the physical market, with the Middle East conflict disrupting metal shipments.