Your email has been successfully added to our mailing list.

×
0 0 0 0 0 0 0 -0.00898011545862736
Stock impact report

Iran strikes push up cost of net zero as aluminium prices rocket [Yahoo! Finance]

StoneX Group Inc. (SNEX) 
Company Research Source: Yahoo! Finance
The price of aluminium rose by 3.7pc on Monday to hit $3,395 per tonne, as traders responded to drone strikes on Emirates Global Aluminium and Aluminium Bahrain during the weekend. The lightweight metal is up 33pc so far this year, hitting $3,500 per tonne in March. However, some analysts have forecast aluminium could climb as high as $4,000 per tonne, hitting highs last seen in the wake of Russia's invasion of Ukraine. The Middle East is responsible for about 9pc of global aluminium production, with the effective closure of the Strait of Hormuz trapping supplies in the Gulf and forcing smelters to scale back output. Iran's strikes on Middle Eastern aluminium smelters now threaten to disrupt supplies further. “It is clear the system is now exposed to sudden production loss, not just gradual constraint,” according to AZ Consulting. ‘Impact is becoming very significant' Natalie Scott-Gray, a senior metals analyst at financial services firm Stonex, said EV carmakers were p Show less Read more
Impact Snapshot
Event Time:
SNEX
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for SNEX alerts
Opt-in for
SNEX alerts

from News Quantified
Opt-in for
SNEX alerts

from News Quantified