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Aluminium Bahrain
Aluminium Bahrain Updates
The Iran war is triggering an unprecedented crisis in the global aluminium market with potentially devastating knock-on effects across sectors as diverse as construction, packaging, transport and...
Aluminium prices on the London Metal Exchange jumped 6% to close in on four-year highs on Monday after the Middle East's two largest producers of the metal sustained damage from Iranian attacks...
Goldman Sachs raised its second-quarter LME aluminum average price forecast to $3 200 a tonne from $3 100, citing supply losses from Middle East disruptions and the shutdown of the Mozal smelter in...
Rio Tinto has raised its aluminium premium offer to Japanese buyers to $350 per metric ton for April-June primary metal shipments, up 79% from the current quarter, due to fears the escalating...
Oil prices surged around 25% on Monday to their highest since mid-2022, with Brent on track for a record one-day gain, while gold fell 2% as an escalating Iran war squeezed world energy supplies,...
Aluminum prices surged to the highest since 2022 after Aluminium Bahrain suspended deliveries of metal to some customers under so-called force majeure clauses in its supply contracts. The company,...
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