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Top Stories
Goldman Sachs lifts aluminium outlook as EGA-Alba damages trigger market shock
01 Apr 20263MINS
The Iranian strikes dated March 28 on the Gulf sites of Emirates Global Aluminium (EGA) and Aluminium Bahrain (Alba) have brought on a new outlook on the aluminium market trend. On Tuesday, Goldman Sachs raised its London Metal Exchange (LME) aluminium price forecast from USD 3,200 to USD 3,450 pe ...
Iran’s attack drives aluminium higher, LME cash offer hits new high at $3,585/t
01 Apr 20263MINS
Post the Iran attack on the Middle East’s two major aluminium production sites, the Emirates Global Aluminium (EGA) and Aluminium Bahrain (Alba), the London Metal Exchange (LME) aluminium price rose even higher than the last close. The longer-dated contracts also expanded more from the previous da ...

31 Mar 20263MINS
The effect of the Middle East conflict, fuelled by Iran’s drone and missile strikes on the facilities of Emirates Global Aluminium (EGA) and Aluminium Bahrain (Alba) on March 28, reflected starkly on the London Metal Exchange (LME) aluminium prices closing on March 30. Nearing four-year highs out ...
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