Aluminum jumps to 4-year high on Trump’s blockade of Hormuz
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A company building Oklahoma's new aluminum smelter has a history of air pollution violations and resident lawsuits.
Aluminum hit prices not seen since 2022 after Iranian attacks on two Middle Eastern producers over the weekend, amid fears of a supply crisis.
Emirates Global Aluminium, the Middle East’s top producer of the metal, invoked force majeure clauses to suspend at least some deliveries after one of its smelters was put out of action by an Iranian attack.
The global commodities firm now owns 45 percent of a South Carolina secondary aluminum plant operated by Alumicore.
A surge in aluminum prices tied to the Middle East conflict is adding new pressure to HVAC equipment and project costs. Combined with rising fuel prices, tariffs, and slowing construction activity, contractors could face tighter margins and increased project uncertainty.
Rio Tinto Group and Century Aluminum Co. hiked premiums on a key semi-processed aluminum product in the US by about 12% in recent weeks after the Iran war disrupted imports from the Middle East, according to people familiar with the matter.
The company recently completed a reverberatory furnace rebuild in record time with the help of American Industrial Services.
Aluminum foil is convenient — but not exactly eco-friendly. The good news? You've got several smarter, greener options that get the job done just as well.