Hydro-Norway said that after the main Arab countries broke up with Qatar, the Qatar aluminum processing plant in Qatar was blocked. Hydro said: “Most of Qatalum’s cargo will generally pass through Jebel Ali, UAE, but the port was closed for all Qatar cargoes on Tuesday morning.†Analysts from ABN AMRO said: “On a global scale, Qatar only accounts for a small portion of the aluminum market. The market is mainly affected by China. China's aluminum supply is sufficient, and warehouse inventory in Shanghai has increased. Summer demand is relatively weak.â€
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