Aluminium stocks surge as supply disruptions tighten global markets
Shares of aluminium companies are in focus and buzzing in Thursday’s (April) trading session. So, what is driving the move? First, the Middle-East factor. The GCC plus Iran account for nearly 7 million tonnes of smelting capacity, which is about 9-10% of global aluminium output. Additionally, close to 75% of GCC production is export-oriented, with…
