Google+ Followers

Tuesday, 22 November 2016

Gulf aluminium producers cut costs amid glut and US protectionism concerns | The National

Gulf aluminium producers cut costs amid glut and US protectionism concerns | The National:
"Gulf aluminium producers are cutting costs as they grapple with oversupply and amid concerns about a potential rise in protectionism under a Donald Trump presidency, officials said today.

"The most important factor in our business is to protect our margin," Abdulla Al Kalban, the chief executive of Emirates Global Aluminium, told the Arab International Aluminium Conference in Dubai today. "We keep hammering our costs every day."


EGA, with an output of 2.4 million tonnes per year, is the Gulf’s largest aluminium producer and one of the world’s top 10 aluminium companies."

'via Blog this'