Middle East Conflict Disrupts Indian Aluminium Supplies
Indian aluminium producers are cutting production by up to 40 percent as regional conflict drives up scrap prices. These costs are likely to hit automakers.
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Ongoing geopolitical tensions in the Middle East have severely disrupted the supply chain for secondary aluminium producers in India, leading to significant production cuts and rising costs that are expected to hit the automotive sector. As one of the world's largest importers of aluminium scrap, the South Asian nation relies on foreign markets for nearly half of its 4.2 million metric tons of annual production. Approximately 30% of these shipments originate from the Middle East, with additional supplies coming from the United States and the European Union.
