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UACJ and Nippon Light Metal Rise on Aluminum Price Surge Following Iranian Attack on Refinery

Tue Mar 31, 2026 10:43 am JST Catalyst

UACJ Corporation <5741> and Nippon Light Metal Holdings Company, Ltd. <5703> rose in trading. It was reported on the 28th that Iran attacked the Middle East's largest aluminum refinery. This triggered concerns over aluminum supply disruptions and exerted strong upward pressure on aluminum futures prices on the London Metal Exchange (LME). In the U.S. stock market on the 30th, major aluminum producer Alcoa was bought, closing up more than 8% from the previous day. In the Tokyo market on the 31st, speculation of profit expansion from rising aluminum prices spread to related stocks, boosting buying interest in UACJ and Nippon Light Metal and driving their share prices higher.

Note: The symbol at the end of the title indicates that the article contains multiple stock issues.

Source: MINKABU PRESS

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