Japan

Showa Denko Sells Aluminium Assets To Apollo Global Management

Showa Denko Sells Aluminium Assets To Apollo Global Management

Japanese chemical firm Showa Denko K. K. announced earlier this week the sale of its aluminium business to United States investment fund Apollo Global Management for an undisclosed sum. Thursday’s announcement was the latest in Showa Denko’s move to shed assets. Specifically...

Events

Japanese Premiums For Aluminium Shipments Increase By 3 Percent In Third Quarter

Third-quarter premiums for Japanese aluminium shipments will rise by 3 percent to US$108 per metric ton thanks to a fall-off in supply that overrode apprehension over a possible drop in regional demand. The rise in premiums is the second consecutive rise, following an increase to US$105 per metric ton in April. Sources who spoke to […]

Tokyo 2020 Olympic Torch To Be Made Of Recycled Aluminium

The Games of the XXXII Olympiad will begin in the summer of 2020 with the lighting of a torch made from recycled aluminium. According to sources who spoke with domestic media, the Tokyo 2020 torch will be made from aluminium first used to build temporary shelters used in Fukushima prefecture after the area was struck […]

Japanese Aluminium Premiums To Hit US$130 In Latter Half Of 2019: Marubeni

Though Rusal is likely to make a strong return to the aluminium market next year, premiums in Japan are expected to rise to between US$100 to US$130 per ton late next year due to an expectation of weak global supplies of the metal. On news of Rusal’s pending release from United States government sanctions, prices […]