Reuters
Japan Aug aluminium shipments at 19-mth low
Edited by : AL CIRCLE
1 min read
Japanese shipments of aluminium products fell to their lowest level since January 2010, hit by slowing exports to Southeast Asia and China and a slower-than-expected pick up in domestic demand, an industry group said on Wednesday.
The Japan Aluminium Association data showed shipments of Japanese aluminium products fell 1.5 percent in August from a year earlier to 154,684 tonnes, down year-on-year for the third month in a row.
Shipments in August, the lowest since January 2010 when they stood at 150,373 tonnes, declined 9.5 percent from 170,916 tonnes in July for the second consecutive monthly drop.
The Japan Aluminium Association data showed shipments of Japanese aluminium products fell 1.5 percent in August from a year earlier to 154,684 tonnes, down year-on-year for the third month in a row.
Shipments in August, the lowest since January 2010 when they stood at 150,373 tonnes, declined 9.5 percent from 170,916 tonnes in July for the second consecutive monthly drop.
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