semiconductor / news / / CNBC TV18
Japan’s auto industry faces disruption as Middle East aluminum supplies shrink amid the Iran conflict.
Japan's carmakers source about 70% of aluminum imports from the Middle East, heightening vulnerability.
KEY POINTS
- Aluminum prices have surged 13% since the Iran conflict began disrupting key shipping routes.
- Refineries in Abu Dhabi and Bahrain suffered damage from Iranian attacks, compounding supply issues.
- Toyota supplier Denso has already cut monthly output by 20,000 units due to shortages.
- Supply disruptions may persist for months even after hostilities end, delaying industry recovery.
COMPANIES
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