Will Iran’s strikes on Gulf smelters strengthen China’s aluminium trade?

The world is bracing for an aluminium supply shock after two major Middle Eastern smelters were damaged in Iranian attacks over the weekend, a disruption likely to push more production to China in the near term and potentially for years to come, analysts said. Emirates Global Aluminium (EGA), a leading regional producer, reported “significant damage” at its Abu Dhabi site following strikes by Iranian missiles and drones, while Aluminium Bahrain said it was assessing the extent of damage at its...