Japan’s Aluminium Import Premiums Weakest In Two Years, But Spring Rebound Expected
A glut in supply has driven premiums for aluminium shipment to Japan in the current quarter to two-year lows. So...
Japan
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...
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...
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...
Events
Handful Of Japanese Buyers Still Negotiating Q4 Premiums For Billet, Slab, Foundry Alloys
Per buyer sources who spoke to industrial media late last week, a few Japanese aluminium customers are still negotiating fourth quarter aluminum premium for billet, slab, and foundry alloys. However, negotiations for standard ingot billets have concluded, they revealed. S&P Global Platts reported that sources informed them on Thursday that certain producers have come to […]
Japanese Aluminium Stocks Reach Two-Year High In July
Japanese market sources said last week that the country’s aluminium stocks at the country’s trio of major port warehouses rose to a two-year apex of 310,400 metric tons at last’s month’s end. Per Japanese trading house Marubeni, the record is a rise of 1.1 percent over the prior month’s total inventory on hand of 306,900 […]
Demand For Aluminium Alloy In Automotive Sector The Lone Bright Spot For Japanese Suppliers In June
The Japan Aluminum Association released production numbers for the month of June on Friday, noting a 16.8-percent drop of aluminium sheet shipments, registering a total for the month of 35,157 metric tons. Per the association, the fall-off may be attributed to a corresponding drop in demand of Japanese beer, coupled with a retreating demand for […]
Japan Weighing WTO Action Against Trump Administration’s Aluminium Tariff
Terming the Trump administration’s imposition of tariffs upon almost all aluminium imports “extremely regrettable,” Japan’s Finance Minister Taro Aso indicated on Friday that his government is contemplating initiating proceedings against it at the World Trade Organization. “It is undecided at this moment, but we are considering it,” said Aso to reporters at a Group of […]
Japan PM Abe to Discuss Aluminium Tariffs with U.S. President Trump Later This Month
The administration of United States President Donald Trump announced on Monday that it would be engaging in face-to-face talks with Japan’s Prime Minister Shinzō Abe over the two countries’ trade relationship later this month. Per a press release on the subject disseminated by the White House, the duo will meet at Trump’s quarters in Mar-a-Lago […]
Biden Infrastructure Bill A Big Boon To Aluminium Industry: Norsk Hydro VP Mike Stier
Earlier this month the United States Congress passed into law President Joe Biden’s US$1.2 trillion infrastructure package. The Investing in a New Vision for the Environment and Surface Transportation in America Act (or the INVEST in America Act) will allocate US$550 billion ...
The Net-Zero Shift Starts With Low Carbon Aluminium
2020 was supposed to be “year of climate action”, with the Glasgow COP26 acting as a major milestone for both ...
Aluminium at the LME Week – Key Takeaways
Between October 28 and November 1st, London hosted the traditional London Metals Exchange (LME) Week gathering of analysts, brokers, traders ...
Aluminium Market Oversupplied, Demand Growth Flat
Base metals prices reacted positively to the progress registered in the latest round of US – China trade talks in ...
