7 Hrs
Source:
البلاد
Aluminum rally lifts Gulf
The price of aluminum rose to around $3,065 per tonne, supported by supply concerns, geopolitical tensions, and expectations of stronger demand. However, shipping disruptions and higher energy and transport costs continue to weigh on Gulf producers. Better prices offer an opportunity to boost revenues and investment, while Bahrain is seeking to cement its position as a regional hub for the sector by expanding downstream industries and manufacturing finished and semi-finished products. The article argues that making the industry more competitive requires diversifying supply sources and transport routes, improving energy efficiency, expanding recycling, and investing in technology and value-added production.
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