Commodities
Loss of Middle East supply to affect market balance through 2027
Japan’s auto industry relies heavily on aluminum and related products from the Middle East. (Source photos by Reuters)
AKANE OKUTSU and YURIKA YONEDA
TOKYO — The loss of aluminum supplies from the Middle East is expected to raise prices through 2027, and with shortages looming for the nonferrous metal and related alloy products, key buyers, including the Japanese auto industry, are taking the strain.