Alcoa navigates impacts of Iran war
The Iran war has curtailed a market already tight due to curtailments in Mozambique and disruptions in Iceland. Alcoa is increasing production at some facilities.
The Iran war has curtailed a market already tight due to curtailments in Mozambique and disruptions in Iceland. Alcoa is increasing production at some facilities.
A drone attack at EGA's Al Taweelah plant has triggered force majeure declarations on select products, with potential supply disruptions.
Part 3 of this series examines aluminum exports from Oman, Saudi Arabia, and Qatar, focusing on product-specific roles in US import supply.
Looking beyond EGA and Alba, what do other UAE and Bahrain producers mean for specific US import product categories?
Part 1 of a three-part series examines how EGA and Alba's high-purity ingot, billet and foundry alloys intersect with US demand.
Extruders flagged mounting Gulf supply risks, tight US inventories, and a shift toward scrap-driven billet economics.
Aluminum producer Alcoa is getting more interest from customers as states in the Persian Gulf region curtail production amid the Iran war.
ALBA joins Qatar’s 40% curtailment of 260,000 tons, bringing cumulative curtailments to 560,000 tons.
Global beverage can shipments grew by 3% for the full year versus the prior year. Of that, 5% growth was from the Americas.
Executives said the company was not materially exposed to changes in the prices of primary aluminum since it operates a pass-through business model. But other metal costs have come into play.