Odisha has brought forward its investment roadshow in the United Arab Emirates as competition among Indian states for overseas capital intensifies. The programme was initially planned for December, but growing investor outreach by other states prompted the government to advance the visit, according...
What does the building and construction market mean for aluminium extrusion industry? The answer may depend less on how much the world builds and more on where it builds and what those buildings require. As construction activity picks up across regions, aluminium extrusion is set to follow - but...
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Saudi Finance Minister, Mohammed Al-Jadaan, has cautioned that recent global supply chain disruptions are now exceeding the impact seen after the COVID-19 pandemic. He noted that ongoing geopolitical tensions could have wider economic consequences if they continue for an extended period of time. He...
Global automakers are accelerating aluminium procurement as the ongoing Middle East conflict continues to disturb supply chains, disrupting production and trade routes, thereby raising concerns over near-term supply shortages and escalating costs. The situation has catalysed a wave of precautionary...
As the US-Israel conflict with Iran persisted, blocking the Strait of Hormuz, Emirates Global Aluminium (EGA) secured an alternative route for export activities last week, easing the global trade disruption along the Middle East route. The impact was immediate, as the London Metal Exchange (LME)...
Lyra Energy has started building the Thakadu solar power plant in South Africa. The project is worth about USD 238 million and will have a capacity of 255 megawatts. It is located between the Free State and North West provinces. The project will be built in two phases. Part of the electricity...
The government of Egypt has signed three agreements covering renewable energy and battery storage projects with a combined capacity of 5.62 GW. The agreements were concluded under the supervision of Prime Minister Mostafa Madbouly. Minister of Electricity Mahmoud Esmat said the developments are in...
Over USD 2.6 billion in Foreign Direct Investment (FDI) for the mining sector has been pooled by Nigeria in the last two and a half years. This has been updated during the Powering Africa Summit in Washington by Solid Minerals Development Minister Dele Alake. As pointed out by Alake, recent...
India’s real estate sector is facing pressure due to rising construction costs and supply disruptions owing to the Strait of Hormuz and the Middle East’s ongoing tension. Developer margins potentially decline by about 5 per cent in the short term. Overall construction costs have increased by 10-15...
The ongoing Iran-US conflict has disrupted aluminium supplies, creating challenges for automakers such as Toyota, Honda, and Nissan. The disruption is linked to issues in the Strait of Hormuz, a key shipping route, where Gulf producers have declared force majeure, affecting around 10 per cent of...
Alcoa has reported an increase in orders as supply disruptions in the middle east continue to alter global aluminium trade flows, tightening availability across key markets. The shift follows the closure of the Strait of Hormuz, which has redirected significant volumes of metal. Alcoa, which...
On March 18, the regional conflict had entered its third week, with its impact extending beyond market sentiment to materially disrupt primary aluminium smelting in several Middle Eastern countries, the report noted. For instance, on March 12, Qatalum, the 50/50 joint venture between Norsk Hydro...
Aluminium Bahrain (Alba) is exporting aluminium through Jeddah, as the Strait of Hormuz remains closed. CEO Ali Al Baqali said the company is sending 40–60 per cent of its exports through Saudi Arabia. The route involves land transport of about 1,400 km (870 miles) to Jeddah. He said this adds land...
Aluminium inventories in China have climbed above 1.3 million tonnes, reaching their highest level since 2020 as weak domestic demand coincides with tightening global supply linked to escalating tensions in the Middle East. Explore- Most accurate data to drive business decisions with Global...
Midal Cables is proud to announce that it has been awarded the EcoVadis Platinum Rating, the highest level of recognition granted by EcoVadis, placing the company among the top 1 per cent of more than 130,000 companies assessed globally. For the global aluminium value-chain 2026 outlook, book our...
India's imported aluminium scrap prices recorded a sharp week-over-week increase as of 17 March 2026, supported by firm trends on the London Metal Exchange and ongoing geopolitical tensions, which have tightened global supply conditions. For the global aluminium value-chain 2026 outlook, book our...
Emirates Global Aluminium (EGA) will reroute its aluminium exports and raw material imports through Oman’s Sohar port in the coming days, as the US-Israel conflict with Iran continues to disrupt traffic through the Strait of Hormuz, according to Reuters. The conflict has forced companies across the...
After a disruption in the LME closing prices for March 16 which resulted in producing the figures using LME’s standard waterfall procedures, March 17 saw the London Metal Exchange (LME) aluminium prices continue to slip. The declining trend began on March 16 after the aluminium prices surpassed USD...
High-rise façades, electric vehicles, electronics and solar installations all rely on aluminium extrusion, where heated billets are shaped into precise, high-strength profiles. Its lightweight, durable and adaptable nature makes it widely used, as industries continue to prioritise efficiency and...
Tensions in the Middle-East are shaking up aluminium supply chains, especially through the Strait of Hormuz. That choke point exposes cracks in the region's grip on global primary aluminium production, from giants like UAE's Emirates Global Aluminium, Bahrain's Alba, and Qatar's Qatalum. It's a...
