Insight
Aluminium set for significant turbulence from Middle East conflict
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
The start of the latest Middle East conflict will have significant consequences for the aluminium market. The region is a major source of primary aluminium supply in a market that is already trending toward a growing deficit over the next few years. The physical market reacted almost immediately, with a sharp rise in premiums and the withdrawal of initial offers amid increasing uncertainty over supply. With Qatalum already preparing to halt output, further curtailments are likely if hostilities continue over the coming weeks and months.
Table of contents
- What happened
- Why does the conflict matter for aluminium
- What we know so far
- What are the immediate implications for the aluminium market?
- Medium-term risks to the aluminium market outlook
Tables and charts
This report includes the following images and tables:
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Location of primary aluminium smelters in the Middle EastMiddle East smelter productionExports of primary metal
What's included
This report contains:
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