[SMM Aluminum Price Weekly Review: Geopolitical Disruptions Dominate, and the Pattern of Elevated Aluminum Prices Continues]
Apr 2, 2026 16:37【SMM Steel】Potential fuel shortages are raising concerns across the Philippines' nickel, steel, and cement sectors. A national energy emergency was declared on Mar 24 due to global oil supply disruptions. Diesel prices have surged over 80%. Some nickel mines risk suspension. Steel producers are implementing cost controls. Large-scale shutdowns aren't expected yet, but industry remains under pressure.
Apr 2, 2026 16:36[SMM Aluminum Express News] Emirates Global Aluminium (EGA) is moving to sell alumina on the market as its Al Taweelah smelter in Abu Dhabi faces significant damage and an extended shutdown following Iranian missile and drone strikes over the weekend.
Apr 2, 2026 09:27[SMM Aluminum Express News] Emirates Global Aluminium (EGA) has halted operations at its Al Taweelah smelter in Abu Dhabi after the site was struck by Iranian missiles and drones over the weekend (March 28, 2026). The smelter lost power, causing an uncontrolled shutdown of the potlines. Molten metal solidified inside the smelting circuits, resulting in significant damage.
Apr 2, 2026 09:25[SMM Morning Meeting Summary: LME Zinc Posted a Four-Day Winning Streak; Focus on Trump's Speech Today] Overnight, LME zinc posted a four-day winning streak, with the center of the daily candlestick moving higher. Trump released a TACO signal, expectations for an end to the geopolitical conflict in the Middle East increased, the US dollar index fell, nonferrous metals saw bargain hunting, zinc inventory remained at low levels, and bears' exit provided support, driving zinc prices all the way up. Focus on......
Apr 2, 2026 08:55Global metallurgical producer Ferroglobe officially warned on March 31, 2026, that it will be forced to shut down its smelting operations in South Africa if it does not receive electricity tariff relief by April 1. The company, which operates facilities in Polokwane and Mpumalanga, stated that soaring energy costs have made continued production tenable. This potential closure threatens thousands of direct and indirect jobs and follows the broader trend of industrial contraction in South Africa, where only 11 of the nation's original 66 smelters remain operational due to uncompetitive power pricing.
Apr 1, 2026 11:57