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Aluminum Falls to Lowest Since February as Dollar Strengthens

Aluminum Falls to Lowest Since February as Dollar Strengthens
Bloomberg Markets Wednesday 01 July 2026, 03:45 UTC By Charlie Zhu, Winnie Zhu 1 min read
Key Points

Aluminum Falls to Lowest Since February as Dollar Strengthens Aluminum fell to the lowest since mid-February as a strengthening US dollar continued to pressure commodities. The industrial metal extended losses after dropping by 16% in June, the biggest monthly decline since 2008. The winding down of the Middle East war has weighed on aluminum, which had surged in March through May due to the loss of supply from the region that accounts for nearly a 10th of global output.

Aluminum Falls to Lowest Since February as Dollar Strengthens Aluminum fell to the lowest since mid-February as a strengthening US dollar continued to pressure commodities. The industrial metal extended losses after dropping by 16% in June, the biggest monthly decline since 2008. The winding down of the Middle East war has weighed on aluminum, which had surged in March through May due to the loss of supply from the region that accounts for nearly a 10th of global output.
Aluminum Falls (ORG) Dollar Strengthens Aluminum (ORG) US (LOCATION) the Middle East (LOCATION)
Originally published by Bloomberg Markets Read original →

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