Aluminum prices are surging. Here's how companies are handling the costs

A Coors Light can and a Ford F150. Gabby Jones | Bloomberg | Brandon Bell | Getty Images Aluminum 's surge to multiyear highs in the wake of the U.S-Iran war is creating cost pressures for the businesses that manufacture everything from cars to beer cans. Aluminum on the London Metal Exchange has surged more than 13% since the U.S.-Israeli strikes on Iran. The commodity is now up around 19% so far in 2026 and has touched its highest levels since 2022 this year. …