Hindalco halts extruded aluminium production

Change
Hindalco Industries halted output of extruded aluminium products and declared force majeure to all extruded‑aluminium customers on March 11, citing a gas shortage from Middle East supply disruptions.
Hindalco halts extruded aluminium production
Why it matters
Hindalco stopped production of extruded aluminium and issued a force majeure notice to all extruded‑aluminium customers on March 11. The company attributed the stoppage to a gas shortage following supply disruptions in the Middle East linked to the U.S.-Israeli war on Iran. The Indian government cut industrial gas supplies to prioritize household cooking gas amid a national gas crisis. Hindalco stated it is taking steps to mitigate the force majeure event while its primary aluminium smelters remain operational.
Implications
  • Downstream manufacturers will face constrained availability of extruded‑aluminium products needed for construction, electric vehicles, electronics and solar panels.
  • Existing contracts for extruded‑aluminium deliveries are affected by the company's force majeure declaration.

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Source

Economic Times

Topics

Supply Chain & Logistics Manufacturing Oil & Gas

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