Alba Exports 40-60% Aluminium via Jeddah, Maintains Timely Deliveries Amid Strait of Hormuz Closure

Published: Mar 20, 2026 09:46

Save

[SMM Aluminum Express News] Alba is exporting 40–60% of its aluminium via Saudi Arabia's Jeddah port (1,400 km overland) since the Strait of Hormuz route is effectively closed. CEO Ali Al Baqali said transportation costs haven't risen significantly, and deliveries remain on time despite force majeure and production cuts. Alba has ~1 month of alumina stock left, hasn't imported via Red Sea yet, but received extra supply from Ma'aden in Saudi Arabia.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

Common.Time.minsAgo

SHFE Cast Aluminum Alloy Warrants Drop to 47,732 MT, Down 1,109 MT from Previous Day

[SMM Flash News] SHFE data showed that as of March 20, the total registered volume of cast aluminum alloy warrants was 47,732 mt, down 1,109 mt from the previous trading day. By region: Shanghai (3,692 mt, down 363 mt), Guangdong (17,920 mt, down 392 mt), Jiangsu (5,475 mt, down 568 mt), Zhejiang (15,234 mt, down 1,145 mt), Chongqing (3,934 mt, down 119 mt), and Sichuan (1,477 mt, increase 0 mt).

Common.Time.minsAgo

Data: SHFE, DCE market movement (Mar 20)

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 20 Mar , 2026

Common.Time.minsAgo

1 hour ago

Aluminum Alloy Prices Fall 2.08%, Market Trading Sentiment Recovers Amid Dip Buying

[SMM Aluminum Alloy Daily Review] Futures: Today, aluminum alloy 2604 fluctuated upward after opening, hitting an intraday high of 23,160 yuan/mt before noon. Momentum from the bulls then faded, and prices pulled back step by step. In the afternoon, losses widened, with the low dipping to 22,180 yuan/mt. The decline narrowed slightly late in the session, and it finally closed at 22,810 yuan/mt, down 485 yuan/mt from the previous trading day, a drop of 2.08%. Spot: Market quotes generally moved lower today, with the SMM ADC12 price down 300 yuan/mt. Driven by the price pullback and weekend restocking demand, market trading sentiment recovered somewhat from the previous period, and downstream purchase willingness to buy the dip increased, supporting improved transactions at some enterprises.

1 hour ago