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Aluminium price hits record high on Ukraine attack

The industrial lightweight metal jumped as high as $3,382.50 per tonne, beating the previous peak of $3,380.15 reached in July 2008 during the global financial crisis.

February 24, 2022 / 01:16 PM IST
Representative image

Representative image

Aluminium on Thursday hit a record-high price after key producer Russia launched a military attack on neighbouring Ukraine.

The industrial lightweight metal jumped as high as $3,382.50 per tonne, beating the previous peak of $3,380.15 reached in July 2008 during the global financial crisis.

Aluminium, used in a variety of items including drinks cans and aircraft components, later pulled back to $3,372.50 per tonne on the London Metal Exchange.