US-Iran war, March 9 -- Aluminium prices climbed to their highest level in nearly four years as the escalating tensions in the Middle East raised concerns about tighter global supply, outweighing the pressure from a stronger dollar.
Benchmark three-month aluminium on the London Metal Exchange touched $3,544 per metric ton earlier in the session - its highest level since March 31, 2022.
Meanwhile, the most-active aluminium contract on the Shanghai Futures Exchange jumped 3.29% to 25,310 yuan ($3,658.15) per ton, after hitting an intraday high of 25,860 yuan - its strongest level since January 30 - earlier in the session.
Back home, aluminium prices on Multi Commodity Exchange (MCX) rose nearly 3% to Rs.350.90 per kg on Monday.
Whereas,...
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