Middle East Missile Strikes Remove 2.4 Million Tonnes of Aluminum Production, Deepening Global Supply Crisis

Post Views: 5 Aluminum The aluminum market is facing its most severe supply shock in years after Iranian missile strikes on two of the world’s largest smelters — Emirates Global Aluminium’s Al Taweelah facility and Aluminium Bahrain’s primary plant — knocked out an estimated 2.4 million metric tonnes of annual aluminum production capacity. Combined with prior curtailments at Alba and Qatalum, total Middle East output losses now approach 3 million tonnes per year, according to Wood Mackenzie, representing a structural blow to a market already grappling with depleted London Met...