Nalco: Middle East Situation Impacts Alumina Exports
May 11, 2026
According to Brijendra Pratap Singh, Chairman and Managing Director of Nalco, the company's exports to the Middle East have been affected by geopolitical tensions in the region.
The Middle East accounts for 40-50% of the company's alumina shipments.
Global spot alumina prices have fallen to $305-310/ton due to supply disruptions in the Middle East and a shift in export destinations.
During the earnings call, Singh stated, "About 40% to 50% of our alumina exports go to the Middle East, and this segment has been affected. However, orders from Indonesia and other regions are now emerging."
Analysts indicate that the oversupply has led to a decline in spot alumina prices in some regions, while refined aluminum prices have surged due to production shutdowns and shipping disruptions, all of which have impacted the conflict in the Middle East.
Nalco plans to produce 2.3 million tons of alumina in the 2025-26 fiscal year, of which 1.308 million tons will be exported.
