Japanese Government Optimistic of Exception to Trump Aluminium Tariff
Japan’s trade minister said yesterday that he feels the odds are currently in favor that his country’s aluminium products may...
Japan
Japanese Aluminium Trade Group Calls Upon Trump Administration to Drop Aluminium Tariffs
Citing WTO trade rules and relaying their apprehension for the global aluminium trade, a Japanese trade group called for the end of blanket 10-percent tariffs upon imported aluminium imposed by United States President Donald Trump. At a news conference on Thursday, Mitsuru...
Sources: Japan’s Q1 Aluminium Premiums Set at US$95 Per Ton
According to sources privy to quarterly pricing talks, premiums for aluminium imported into Japan during the first quarter this year...
Japanese Aluminium Can Firm Showa Aluminium Expanding Operations in Vietnam
Japan’s Showa Aluminum Can Corporation (SAC) announced yesterday that it will begin producing sleek cans in Vietnam later this month....
Events
Japanese Aluminium Buyers Ponder Dropping Annual Contracts in Favor of Buying on Spot Market
Aluminium buyers in Japan are transitioning away from annual contracts, turning instead to purchasing their aluminium on spot markets, according to a recent article by Reuters. Significant oversupply, largely from smelters from the People’s Republic of China, has kept prices on the spot market at or near seven-year lows. In Asia the norm up to […]
Japanese Aluminium Companies Ramping Up to Capture Share in US Automotive Aluminium Market
Japanese aluminium producers UACJ Corp and Kobe Steel are gearing up to meet an ever-increasing demand for the metal in the United States’ automotive industry, according to a recent article in Reuters. Detroit’s automakers are continuing to increase their use of aluminium in order to meet government environmental standards. Japan’s biggest rolled-aluminum products maker UACJ’s […]
As Domestic Demand Wanes, S Korean Smelters Target Japan
According to aluminium market sources interviewed by Platts, smelters in the Republic of Korea are targeting Japanese customers as the domestic automobile industry experiences a decline. One smelter is running at eighty percent capacity at the present time, but it is in search of foreign buyers as the domestic demand for certain alloys has dropped, […]
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 ...
