Iranian aluminium production has not changed significantly under war conditions, with output and stock exchange offerings continuing as before, Tasnim reports
- Weekly aluminium ingot supply is typically 5.7-6K tons, with producers able to raise supply to 6.5-7K tons, though downstream demand is insufficient, the report adds
Context
The report suggests that Iranian aluminium production remains stable despite ongoing conflict, indicating resilience in output levels. While production capacity is somewhat flexible, a lack of downstream demand highlights potential pressure on prices. Traders should watch how this stability interacts with global aluminium supply dynamics, as it could impact pricing in other markets.
Trade the TapeGet this analysis live, the moment it breaksNewsquawk's real-time dashboard delivers market-moving headlines and instant context to your desk before the rest of the market reacts.
Open Dashboard#EQUITIES#METALS#EU SESSION#ALUMINIUM#COMMODITIES