{
  "id": 2558125,
  "title": "Irankrieg: Der Aluminium-Preisschock – warum Europa jetzt doppelt verliert",
  "url": "https://urgent.news/2026/08/22/irankrieg-der-aluminium-preisschock-warum-europa-jetzt-doppelt",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-22T10:31:47.000Z",
  "source": {
    "name": "Handelsblatt",
    "slug": "handelsblatt",
    "url": "https://www.handelsblatt.com/unternehmen/industrie/irankrieg-der-aluminium-preisschock-warum-europa-jetzt-doppelt-verliert/100248559.html"
  },
  "original_language": "de",
  "account": "The aluminium price shock is causing dual losses for Europe, according to a recent article. The European aluminium industry is experiencing a significant cost increase, with the price of aluminium rising to nearly $3,500 per tonne on the London Metal Exchange (LME) by March. This surge is primarily due to concerns over ongoing supply shortages from the Gulf region and the blocked Hormuz Strait, as well as the region's need to import aluminium from countries such as China, India, Canada, Bahrain, and Australia.\n\nAngelika El Noshokaty, from the Aluminium Deutschland industry association, explains that import costs significantly impact European verifiers. The regional availability premium, which reflects the scarcity of aluminium on the European market and the associated costs for import, customs, storage, and delivery, currently stands at around 500 dollars per tonne, equivalent to approximately 430 euros. This premium is added on top of the world market price.\n\nThe premium affects specific aluminium products, such as those used in vehicle profiles, machine components, window frames, and facades, making them significantly more expensive. For a medium-sized manufacturer producing around 1000 tonnes of aluminium profiles per month, this price jump could amount to nearly a million euros in the short term. Despite some stabilization, aluminium production in the Gulf region remains at only about two-thirds of pre-war capacity.\n\nChina has partially compensated for the shortfall by increasing its exports of aluminium alloys and semi-finished aluminium products, leading to a decrease in the global aluminium price. However, this shift also means that more aluminium processing occurs in China. Additionally, Russia and Turkey have become significant suppliers of aluminium to German companies, with Turkish imports of aluminium and aluminium products from Russia rising by 62% in the first quarter of 2026 compared to the previous year, with nearly 75% of aluminium profiles imported from non-EU countries, including 9.5% coming from Turkey.\n\nThe article highlights that Europe's scrap metal is becoming a strategic resource as the industry increasingly looks towards using recycled aluminium. While Europe heavily relies on imports for primary aluminium, recycling scrap metal could help mitigate the impact of rising aluminium costs on European production competitiveness.",
  "summary": "Die Versorgungskrise durch den Irankrieg ist zwar ausgeblieben. Aber in Europa ist Aluminium aus verschiedenen Gründen sehr teuer geworden. Deutschland hat dabei ein spezielles Problem.",
  "key_points": [
    "European aluminium price surges to $3,500 per tonne, causing cost increases.",
    "Import costs add 500 dollars per tonne premium to European aluminium.",
    "China and Russia supply aluminium to German companies, increasing imports."
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}