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2 articles found
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BenzingaBenzinga··Stjepan Kalinic

Metals Diverge on Iran Tensions: Aluminum Soars While Copper Faces Demand Risks

Middle East tensions push aluminum to 4-year highs amid supply constraints, while copper risks demand destruction if oil prices spike.
CENXAACOPXSCCOIYMmining sectorStrait of Hormuz
BenzingaBenzinga··Stjepan Kalinic

Aluminum Hits Multi-Year Peak as Geopolitical Crisis Tightens Global Supply

Aluminum prices surge above $3,540/ton amid Middle East supply disruptions and AI demand. Alcoa receives analyst upgrades as market tightening drives improved profit outlook.
AASOUHYIYMAI data centersStrait of Hormuz