Iran strikes rattle Gulf aluminum supply as Alba and EGA assess damage
Aluminium Bahrain (Alba) said it was assessing damage after Iranian strikes hit its Alba smelter and Emirates Global Aluminium’s Al Taweelah site in the UAE, with two Alba workers injured and EGA reporting significant damage. The Gulf region accounts for about 9% of global aluminum output, and shipments have been disrupted by the Iran war and the closure of the Strait of Hormuz. Alba had already begun shutting lines to preserve continuity, Bahrain Steel declared force majeure, and U.S. aluminum markets have seen rising Midwest premiums as supply tightens.
