04 FEBRUARY 2016AlCircle.com
Japan aluminium imports down 14% - lowest since 2009
Edited by : AL CIRCLE
1 min read
Japan's demand for imported aluminium plummeted to a six-year low in 2015 weighed upon by record-high stocks in the domestic market.
The country imported 1.46 million tonnes of primary aluminum in 2015, down 14 per cent from corresponding period previous year, showed data from Japan's Ministry of Finance. The figure is the lowest since 2009.
Aluminium imports have been declining since mid-2015 as inventory has been building up at Japan’s three major ports. The stock volume reached its peak in May 2015.
Falling aluminium imports allowed the port stocks in Japan to fall to 393,600 tonnes at the end of December 2015. However, the figure was still higher than annual average 250,000 tonnes reported during 2011-2014.
The country imported 1.46 million tonnes of primary aluminum in 2015, down 14 per cent from corresponding period previous year, showed data from Japan's Ministry of Finance. The figure is the lowest since 2009.
Aluminium imports have been declining since mid-2015 as inventory has been building up at Japan’s three major ports. The stock volume reached its peak in May 2015.
Falling aluminium imports allowed the port stocks in Japan to fall to 393,600 tonnes at the end of December 2015. However, the figure was still higher than annual average 250,000 tonnes reported during 2011-2014.
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