Thursday, July 23, 2026
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Citi says it’s the best buying set-up in this metal in 50 years

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Citi says the US-Iran war and Iran closing the Strait of Hormuz will drive a record aluminium supply deficit, pushing prices to record highs and supporting bullish trades.

Citi says it's the best buying set-up in this metal in 50 years

Supply shocks from the US-Iran war in the Middle East are set to send aluminium inventories to all-time lows, while prices soar to new heights, according to Citi.

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