Metal Shock: Gulf's Largest Aluminum Producer Declares Force Majeure

Metal Shock: Gulf's Largest Aluminum Producer Declares Force Majeure A little more than a week after Emirates Global Aluminum (EGA), the Gulf's largest aluminum producer, halted operations at its Al Taweelah smelter following Iranian missile and drone strikes, EGA has now declared force majeure on parts of its contract book, signaling that supply chain disruptions are spreading beyond energy markets and into industrial metals. Bloomberg obtained new documents showing that EGA in...

By Tyler Durden