On April 7, 2022, aluminum prices on the London Metal Exchange dropped to under 3,400 U.S. dollars per metric ton, down by around 56 U.S. dollars compared to April 6 prices. The aluminum price had started to significantly hike up on February 24, as Russia invaded Ukraine, and G7 countries committed to economical sanctions on the invading country. Russia is the third country with the largest smelter production of aluminum , and the sixth exporter worldwide of the metal.
Daily aluminum closing price on the London Metal Exchange throughout the war in Ukraine from February 21 to April 7, 2022
(in U.S. dollars per metric ton)
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LME. (April 8, 2022). Daily aluminum closing price on the London Metal Exchange throughout the war in Ukraine from February 21 to April 7, 2022 (in U.S. dollars per metric ton) [Graph]. In Statista. Retrieved December 23, 2024, from https://www.statista.com/statistics/1293046/daily-global-aluminum-prices/
LME. "Daily aluminum closing price on the London Metal Exchange throughout the war in Ukraine from February 21 to April 7, 2022 (in U.S. dollars per metric ton)." Chart. April 8, 2022. Statista. Accessed December 23, 2024. https://www.statista.com/statistics/1293046/daily-global-aluminum-prices/
LME. (2022). Daily aluminum closing price on the London Metal Exchange throughout the war in Ukraine from February 21 to April 7, 2022 (in U.S. dollars per metric ton). Statista. Statista Inc.. Accessed: December 23, 2024. https://www.statista.com/statistics/1293046/daily-global-aluminum-prices/
LME. "Daily Aluminum Closing Price on The London Metal Exchange throughout The War in Ukraine from February 21 to April 7, 2022 (in U.S. Dollars per Metric Ton)." Statista, Statista Inc., 8 Apr 2022, https://www.statista.com/statistics/1293046/daily-global-aluminum-prices/
LME, Daily aluminum closing price on the London Metal Exchange throughout the war in Ukraine from February 21 to April 7, 2022 (in U.S. dollars per metric ton) Statista, https://www.statista.com/statistics/1293046/daily-global-aluminum-prices/ (last visited December 23, 2024)
Daily aluminum closing price on the London Metal Exchange throughout the war in Ukraine from February 21 to April 7, 2022 (in U.S. dollars per metric ton) [Graph], LME, April 8, 2022. [Online]. Available: https://www.statista.com/statistics/1293046/daily-global-aluminum-prices/