UBS upgraded Alcoa (NYSE:AA) to Buy, citing sustained disruptions to aluminium production in the Middle East. The bank ...
UBS has upgraded Alcoa shares to “Buy” from “Neutral,” raising its price target to $80 per share from $75, citing expectations that prolonged disruptions to Middle East aluminium production will keep ...
The war in Iran, coupled with Trump's tariffs, have created an aluminum supply chain crisis in America.
Key Gulf plants have been hit by Iranian missiles, causing a drop in output of the metal used in making solar panels and wind ...
Aluminium and copper prices have seen notable gains, reflecting a mix of supply constraints and policy developments. Another key factor of the increase in price is constrained supply, as China ...
Tsingshan holds shares in the industrial park’s power plant and the move will redirect power from the area's 22 NPI plants.
As India’s largest producer of aluminium, Vedanta Aluminium has a stronghold in a market that has seen a growing demand for aluminium, especially high-quality, indigenously developed products for the ...
In 2023, the company’s production amounted to 66,649 tons, which is 7% higher than in 2022, while total production in 2024 is expected to exceed 84,000 tons of aluminum, which will be 25% higher than ...
Aluminium Deutschland records further decline in production across the German aluminium industry, with 57% of companies ...
The combined hit has been a 2.4-million-ton drop in Western production over the last two months, according to the IAI's ...
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