Iran war continued, aluminum prices on the London Metal Exchange rose.

Due to the disruption of supply routes in the Hormuz Strait caused by the Iran war, the price of aluminium on the London Metal Exchange has risen, and the premium in the Asian region has reached the highest level in over a decade. Rio Tinto Group offered Japanese buyers a premium of $350 per tonne for aluminium products in the second quarter, the highest level since 2015. Global supply is tightening, while demand in the artificial intelligence and solar energy industries remains strong.