The aluminium market, faced with metal shortages and geopolitical risks
Over the past few months, the global aluminium market has entered a period of profound transformation. Geopolitical tensions, logistical challenges and the growing shortage of primary aluminium are reshaping the balance of the value chain, with consequences that go far beyond movements in London Metal Exchange prices.
In the latest article published in A&L Alluminio e Leghe, Mario Conserva, Secretary General of FACE, together with Massimo Grifone, examines the key trends shaping the market: from price volatility and supply risks to the increasingly strategic role of aluminium scrap and the outlook for the second half of 2026. Europe, which relies on imports for most of its primary aluminium requirements, must respond pragmatically to a situation where the physical availability of metal is becoming a decisive factor for industrial competitiveness.
The real challenge is no longer just the price of aluminium, but the ability to secure reliable supplies, strengthen supply chain resilience and promote recycling as a strategic pillar for the future of European industry. Understanding these developments is the first step towards building more effective industrial policies and a stronger, more competitive and resilient European aluminium value chain.
The full article is available here.
