Aluminum Hits Highest Since 2022 as Alba Declares Force Majeure

Aluminium ingots at the Aluminium Bahrain plant in Bahrain.
Photographer: Phil Weymouth/Bloomberg

Provide news feedback or report an error

Confidential tip?

Send a tip to our reporters

Site feedback:

Take our Survey

By Mark Burton and Yvonne Yue Li

March 4, 2026 at 11:34 AM UTC

Updated on

March 4, 2026 at 6:58 PM UTC

Aluminum prices surged to the highest since 2022 after Aluminium Bahrain BSC suspended deliveries of metal to some customers under so-called force majeure clauses in its supply contracts.

The company, known as Alba, is a major supplier of aluminum in the Middle East, where outbound shipments to customers have been impacted by an effective halt on voyages through the Strait of Hormuz. It confirmed the force majeure on Wednesday, after Bloomberg earlier reported the move.