Aluminium

1 day

−1.68%

1 month

−0.51%

1 year

+37.09%

52-week range 2,518 – 4,195 · last close 2026-09-11

Our analysis of aluminium

Written by Wingzman, with the reporting each piece draws on cited in full.

• The Boring Inputs Are Tight: Aluminium at a 36-Year Low, Steel at $1,200

  LME aluminium stocks are the lowest since 1990 and US hot-rolled coil is half again what it was a year ago. Neither is a battery material. Both are what a battery arrives inside — and they land in the balance of plant, which is bought late.

  11 September 2026 · 6 min read · 3 sources

Background reading

Evergreen explanation rather than dated reporting — how this input is used, and what decides what it costs you.

• Inside the Fence: What a Battery Plant Is Made Of Besides Batteries

  Grid storage · 9 min read

Elsewhere in the press

Reporting from the trade and financial press. Links go to the publisher; we did not write these.

• The LME Weekly Review: 1–4 September 2026

  LME Insight · 4 September 2026

• Canada Tariffs Deepen North America’s Steel and Aluminum Squeeze

  OilPrice.com

• Aluminium inventories fall as industrial demand holds up — could prices break higher?

  Canadian Mining Report

Headlines reviewed 2026-09-11.