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force majeure declaration

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London Aluminum Futures Reach Four-Year High Amid Gulf Supply DisruptionsSubstrate placeholder — needs review
finance33 days ago

London Aluminum Futures Reach Four-Year High Amid Gulf Supply Disruptions

Aluminum prices on the London Metal Exchange rose 1.4% to $3,547 per ton on Monday, driven by a U.S. blockade of the Strait of Hormuz set to begin at 10:00 a.m. New York time. Emirates Global Aluminum declared force majeure on parts of its contracts after halting operations at it…

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