Adv
LANGUAGES
English
Hindi
Spanish
French
German
Chinese_Simplified
Chinese_Traditional
Japanese
Russian
Arabic
Portuguese
Bengali
Italian
Dutch
Greek
Korean
Turkish
Vietnamese
Hebrew
Polish
Ukrainian
Indonesian
Thai
Swedish
Romanian
Hungarian
Czech
Finnish
Danish
Filipino
Malay
Swahili
Tamil
Telugu
Gujarati
Marathi
Kannada
Malayalam
Punjabi
Urdu
28 MARCH 2021 AL CIRCLE

Aluminium supplies in Europe disrupt with Suez Canal maritime traffic jam

EDITED BY : RUPANKAR MAJUMDER 1MINS READ

The large container vessel maritime traffic jam on the Suez Canal in Egypt has intensified the shortage of primary aluminium billet supplies in Europe, which resulted in higher premiums on 26th March 2021.

Aluminium supplies in Europe intensify

{alcircleadd}

Suez Canal, an artificial sea-level waterway in Egypt, connecting the Mediterranean Sea to the Red Sea through the Isthmus of Suez and dividing Africa and Asia and it also is the major route for shipments between Europe and Asia, has been occluded by the large containership Ever Given since 23rd March 2021, resulting in a maritime traffic jam of more than 100 vessels.

Aluminium supplies in Europe intensify

An industry professional commented: “I think the situation just sparked another level of worry; all we have been talking about across commodities and markets is the freight situation and how it has mucked things up.”

“We're seeing that, in aluminium, while there is metal around, it's in the wrong places. As soon as people heard about the Suez Canal situation the market turned bullish again because it's another logistical and freight problem,” the person added.

AlCircle Expo 2021

The maritime jam has erupted dread in the aluminium billet market in the region, where high freight rates have disincentivized such products arriving in Europe.


Adv
Adv
Adv
Adv
Adv
Adv
Adv
EDITED BY : RUPANKAR MAJUMDER 1MINS READ

Responses

Adv
Adv
Adv
Loading...
Adv
Adv
Adv
Loading...
Reports VIEW ALL
Loading...
Loading...
Business Leads VIEW ON AL BIZ
Loading...
Adv
Adv
Would you like to be
featured with us?
Loading...

AL Circle: Aluminium Ecosystem App

A proud
ASI member
© 2026 AL Circle. All rights reserved. AL Circle is not responsible for content from external sources.