GCC aluminium producers will not react 'hastily' to US tariffs

Of the total, the majority refers to steel exports, which totaled US$ 4.137 billion in the year, followed by the automotive sector, with US$ 1.687 billion

GCC aluminium producers will not react 'hastily' to US tariffs

GCC aluminium investments $58bn Smelters produce 6.3m tonnes 10% exported to US Gulf Arab aluminum producers will “not react hastily” to new US customs duties and seek new markets for its products, Saudi Arabia’s Aleqtisadia reported, citing a Gulf industry body. Aluminum smelters in the six GCC countries only export about 10 percent of their output to the US market, said Mahmoud Al-Daylami, secretary general of the Dubai-based Gulf Aluminum Cou…