Adv
LANGUAGES
English
Hindi
Spanish
French
German
Chinese_Simplified
Chinese_Traditional
Japanese
Russian
Arabic
Portuguese
Bengali
Italian
Dutch
Greek
Korean
Turkish
Vietnamese
Hebrew
Polish
Ukrainian
Indonesian
Thai
Swedish
Romanian
Hungarian
Czech
Finnish
Danish
Filipino
Malay
Swahili
Tamil
Telugu
Gujarati
Marathi
Kannada
Malayalam
Punjabi
Urdu
09 OCTOBER 2018 AL CIRCLE

Japan’s aluminium import from India reportedly boosts amid US sanctions against Rusal

EDITED BY : DEBANJALI SENGUPTA 2MINS READ

Indian aluminium makers including Hindalco Industries and Vedanta Ltd. are reportedly boosting sales to Japan amid the United States’ lofty import tariffs and sanctions against Rusal.

{alcircleadd}

Usually, Japan, being a quality concerned consumer, never regarded the products from India a high enough quality. They rather preferred top-tiers producers like Rio Tinto, Alcoa, and South32 as well as United Company Rusal.

But in the background of US sanctions and tariffs, Japan reportedly secured 59,545 tonnes of aluminium ingot in the eight months of 2018, double a year ago, while material from Russia fell 21 per cent to 175,694 tonnes, Japanese trade data showed.

"Because of the sanctions, consumers would like to ensure some security of supply, so they'd like to prefer multiple suppliers instead of one supplier," Samir Cairae, chief executive of Vedanta's diversified metals business in India, told Reuters.

This increased trade in India is anyway a blow to Rusal, the world’s second-largest aluminium maker, which accounted for 20 per cent of Japan’s imports of both aluminium ingot and alloy in 2017.

Customers globally started finding alternative sources of aluminium soon after the sanction was declared on Rusal. Some were even reluctant to purchase after the sanctions were eased, and they were likely to permanently diversify supply chains, said a source at a Japanese trading house.

Japanese trading houses such as Mitsubishi Corp also imported supplies from India as well as from other countries to help customers diversify supply, trading sources said. Mitsubishi, however, declined to comment on this.

Imports of aluminium alloy from India also jumped 3,008 tonnes over the same period, while Russian imports fell 10 per cent to 185,685 tonnes.

But according to a second trading house source, products from India are mainly refined ingots rather than value-added products such as billets and slabs. So, it thinks substitute material for Rusal's higher quality products must have come from the Middle East and Malaysia. 


Adv
Adv
Adv
Adv
Adv
Adv
Adv
EDITED BY : DEBANJALI SENGUPTA 2MINS READ

Responses

Adv
Adv
Adv
Loading...
Adv
Adv
Adv
Loading...
Reports VIEW ALL
Loading...
Loading...
Business Leads VIEW ON AL BIZ
Loading...
Adv
Adv
Would you like to be
featured with us?
Loading...

AL Circle: Aluminium Ecosystem App

A proud
ASI member
© 2026 AL Circle. All rights reserved. AL Circle is not responsible for content from external sources.