Commodities

Hindalco Halts Aluminum Product Sales as Iran War Roils Market

India’s Hindalco Industries Ltd. has notified customers that it’s suspending sales of extruded aluminum products, in a sign of the broadening impact that the Iran war is having on the metal’s complex global supply chain.

The conflict has already prompted some aluminum smelters in the Middle East to suspend sales due to the effective halt on shipping through the Strait of Hormuz, but manufacturers and industrial businesses in India are also facing disruptions to gas supplies transiting through crucial waterway.