UAE Aluminum Maker Looks to Overseas Stocks to Avoid Delays

Emirates Global Aluminum is considering using offshore stocks to counter ship-loading delays as a result of the war in Iran, while assuring customers deliveries will arrive in the coming weeks.

The United Arab Emirates’ top aluminum producer acknowledged “delays loading finished metal on ships and to sailings,” in a letter sent to its customers seen by Bloomberg News. The company “is taking every measure to mitigate this including opening additional ports and leveraging stocks already outside the UAE.”