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Aluminum Heads for Fourth Weekly Drop on Mideast Supply Return

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Aluminum is set for a fourth straight weekly decline, its longest losing streak since April 2025, as the metal remains under pressure from a stronger US dollar and the return of Middle East supply. A renewed selloff in Asian tech stocks is adding to the risk-off tone and weighing on industrial metals more broadly.

Analysis

Aluminum is set for a fourth straight weekly decline, its longest losing streak since April 2025, as the metal remains under pressure from a stronger US dollar and the return of Middle East supply. A renewed selloff in Asian tech stocks is adding to the risk-off tone and weighing on industrial metals more broadly.

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Market Sentiment

Overall Sentiment

moderately negative

Sentiment Score

-0.35

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