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Japan May aluminium shipments rise 0.8 pct yr/yr
Edited by : AL CIRCLE
1 min read
Japanese shipments of aluminium products rose 0.8 percent in May from a year earlier to 166,885 tonnes, industry data showed on Tuesday, helped by a recovery in some production after the destructive March earthquake.
May shipments climbed from a year earlier for the first time in three months and also gained 1.9 percent from 163,805 tonnes in April, data provided by the Japan Aluminium Association showed.
While shipments of flat-rolled aluminium for use in automobiles fell for the fifth month in a row due to a drop in auto production, that was offset by a recovery in demand for semiconductors and liquid crystal manufacturing, the association said.
The March 11 earthquake and tsunami crippled Tokyo Electric Power Co's Fukushima Daiichi nuclear plant and triggered concerns about electricity supply shortages during the peak summer season, as heightening safety worries have kept a number of nuclear reactors shut.
May shipments climbed from a year earlier for the first time in three months and also gained 1.9 percent from 163,805 tonnes in April, data provided by the Japan Aluminium Association showed.
While shipments of flat-rolled aluminium for use in automobiles fell for the fifth month in a row due to a drop in auto production, that was offset by a recovery in demand for semiconductors and liquid crystal manufacturing, the association said.
The March 11 earthquake and tsunami crippled Tokyo Electric Power Co's Fukushima Daiichi nuclear plant and triggered concerns about electricity supply shortages during the peak summer season, as heightening safety worries have kept a number of nuclear reactors shut.
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