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Strikes on Gulf aluminium facilities disrupt supply chains, lowering Airbus’ price target
01 Apr 20262MINS
End User
Bank of America lowered its price target for Airbus from EUR 259 (USD 300.62) to EUR 255 (USD 295.98), while maintaining a ‘Buy’ rating, citing rising aluminium supply costs. The price revision follows supply disruptions linked to strikes by Iran, which damaged aluminium plants in the United Arab ...
April aluminium premiums on the rise: Market reacts to Gulf smelter hits
01 Apr 20263MINS
Primary AL
So far into the week, aluminium premiums in Europe and Japan have appeared on the rising graph as a reaction to Iran’s drone and missile strikes on the Gulf smelters of  Emirates Global Aluminium (EGA) and Aluminium Bahrain (Alba) on Saturday, intensifying the prevailing worry over aluminium suppl ...

01 Apr 20264MINS
Primary AL
Vedanta Limited has extended its business demerger deadline further to June 30, 2026, postponing it a third time and citing the pending regulatory approvals as the reason behind it. Although passed by the National Company Law Tribunal (NCLT) in December 2025, the plan underwent delays in progress, ...
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