03/31/2026
Sharing incase anyone wonders why quotes are alarmingly higher.
A significant United Arab Emirates aluminum plant was damaged in an Iranian air strike Saturday.
Emirates Global Aluminium said its production plant at Al Taweelah sustained significant damage in an Iranian drone and missile attack on Abu Dhabi. Several employees were injured but no one died, the company said.
The plant includes a smelter that produced 1.6 million metric tons of cast aluminum in 2025 and a refinery that supplies the smelter with alumina, the metal’s main ingredient. Emirates Global Aluminium is owned by Mubadala, an Abu Dhabi sovereign wealth fund, and the government of Dubai.
This event will most likely create major uncertainty in the global aluminum pricing and availability.
Please be aware as you plan and quote upcoming projects.
As always, the Tri-State Steel Team will be here and available to help!
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