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Aluminium Supply Chain

Aluminium prices ease after EGA targets full recovery of Al Taweelah smelter by Q1 2027
Primary AL
Aluminium prices fell after Emirates Global Aluminium (EGA) reaffirmed its timeline to restore full production at the Al Taweelah smelter by the first quarter of 2027, easing market concerns over supply from the Gulf.  The AL Taweelah smelter is currently operating at 18 per cent capacity. It was damaged on March 28, when strikes on the Khalifa Economic Zone in Abu Dhabi forced an emergency shutdown. The update eased concerns over aluminium supply. Benchmark three-month aluminium on the Lond ...
Aluminium rises above $3,300 as Hormuz impasse puts supply under pressure
Primary AL
Aluminium prices have climbed to their highest level since June as stalled US-Iran talks over the Strait of Hormuz raise fresh concerns about supply, while global inventories remain near their lowest level in decades. Aluminium is climbing again, and this time the market's attention is firmly back on the Strait of Hormuz. The latest rise comes as negotiations between the US and Iran over reopening the key shipping route appear to have stalled, raising concerns that disruptions to aluminium s ...

Primary AL
MCX aluminium prices are entering the second half of August with supply-side risks once again becoming a key market driver. ICICI Direct expects the August aluminium futures contract to find support near INR 344 per kg and move towards INR 356 per kg. Aluminium has been through a sharp correction-and-recovery cycle in 2026. After touching around INR 393 per kg on MCX in early June, prices fell towards INR 330 per kg before recovering. MCX aluminium finds support as global supply remains vuln ...
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