The global aluminum market is experiencing a “black swan” event as disruptions due to the Middle East war trigger a supply shock that will lead to major shortages this year, according to the top ...
Aluminum is a ubiquitous metal that’s favored by manufacturers for its abundance and low cost. But the industry is built on a complex and sometimes fragile supply chain. The Iran war is exposing some ...
Rio Tinto Group and Century Aluminum Co. hiked premiums on a key semi-processed aluminum product in the US by about 12% in recent weeks after the Iran war disrupted imports from the Middle East, ...
WASHINGTON—The Trump administration said Thursday it would reshape its tariffs on steel, aluminum and copper products, altering duties on finished products to help simplify compliance. The net effect ...
Businesses that rely on aluminum are deciding whether to absorb the costs or pass them on to their customers. To make that decision, many are drawing from their experiences with tariffs. Prices are up ...
REUTERS — With attacks on the two biggest aluminum smelters in the Middle East over the weekend, Iran struck at major suppliers to the United States of a strategic metal that the world’s biggest ...
Two of the Gulf's largest aluminum producers came under fire from Iranian drones and missiles on Saturday. Aluminum rose to a four-year high on Monday as the attacks raised fears of a global supply ...
Iran’s weekend strikes on Persian Gulf aluminum plants are threatening to send a fragile market into crisis, raising the prospect of record prices for the metal used in everything from airplanes to ...
Aluminum hit its highest price in 4 years last week as the war in Iran upended global supply. Further disruption in the Middle East could push prices towards $4,000 per ton, one analyst said. Despite ...
An effective halt on shipments through the Strait of Hormuz has already prompted two top producers in the region, Qatar and Bahrain, to suspend deliveries to customers. The U.S. relies heavily on ...
Some baking powders contain aluminum-based acids — and they can affect flavor. Here’s what to know before you bake. Charlotte Rutledge is the former recipe testing and development manager for King ...