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The largest aluminum company in the Middle East was attacked, impacting the global supply chain. These A-share companies have production capacity.
Ask AI · What are the long-term impacts of Iran’s retaliatory actions on the aluminum industry chain?
Conflicts in the Middle East are escalating from shipping disputes in the Strait of Hormuz to direct physical strikes on core industrial facilities.
According to Xinhua News Agency on March 29, two large aluminum plants in Bahrain and the United Arab Emirates confirmed recent attacks by Iran. The attacks caused injuries and property damage.
Bahrain Aluminum Company stated on the 29th that its factory was struck by Iran on the 28th, with 2 people lightly injured, and the company is assessing property losses. This company and its parent previously declared force majeure due to disruptions in shipping through the Strait of Hormuz, resulting in about a 20% reduction in production.
One of the world’s largest aluminum producers, Emirates Global Aluminium, also confirmed on the 28th that it was attacked by Iran. Its factory in Abu Dhabi’s industrial zone suffered significant losses, with multiple Indian and Pakistani workers injured.
The Iranian Islamic