Aluminum Drops After Iran Says Strait of Hormuz Is Fully Open

Aluminum prices sank in London after Iran said the Strait of Hormuz was open for cargoes to transit, a move that would allow the metal to be exported out of...

By Archie Hunter · Bloomberg Markets

Aluminum prices sank in London after Iran said the Strait of Hormuz was open for cargoes to transit, a move that would allow the metal to be exported out of key producers Bahrain, Saudi Arabia and the United Arab Emirates.