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CHINAHONGQIAO/ CHALCO Elevate 3%/ 7% After Iran Attacks Mideast Aluminum Production Bases
Recommend 14 Positive 17 Negative 13 |
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Following Iran's attack on two aluminum production bases in the Middle East, there is a potential for intensified supply disruptions in the region. This morning (30th), the aluminum price on the London Metal Exchange (LME) once swelled by 6% to US$3,492 per ton. Emirates Global Aluminium, the largest aluminum producer in the Middle East, reported significant losses at its Abu Dhabi plant, while Aluminium Bahrain, a SOE in Bahrain, also stated that it is assessing the damage to its facilities. CHINAHONGQIAO (01378.HK) peaked at $36.78, and last printed at $35.78, mounting 3.71%, with a trading volume of 14.695 million shares, involving $529 million. CHALCO (02600.HK) peaked at $11.64, and shot up 7.03% to last at $11.57, with 36.631 million shares traded, involving $419 million. RUSAL (00486.HK) last printed at $4.26, leaping 3.9%, with a trading volume of 863,000 shares, involving $3.6845 million. This article was automatically translated by AI, the Chinese version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. Auto-translated by AI AASTOCKS Financial News |
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