Major aluminium producers have offered Japanese buyers premiums of USD 310-325 per tonne for primary aluminium shipments in the October-December quarter. The bar is 18-22 per cent lower than the USD 395 per tonne premium agreed for the current July-September quarter. The premium paid by Japanese...
Canada will raise tariffs on US steel and aluminium to 50 per cent from September 8 as part of a CAD 27.6 billion (USD 19.88 billion) retaliatory package, while Ottawa introduces CAD 7.5 billion (USD 5.4 billion) in support for workers and businesses affected by the trade dispute. Canada will...
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Three sources have confirmed that some Japanese aluminium buyers have agreed with at least two global producers on the premium payment of $172 per tonne for June shipments, compared to $177 million in the previous quarter. That reflects a quarter-on-quarter downfall of $5 per tonne or 2.8 per cent...
According to a recent report, the premium for aluminium shipments to Japanese buyers for January to March 2022 is agreed at $177 per tonne, down by 20 per cent from the previous quarter, in line with weaker domestic spot premiums and overseas prices. The news came after six sources directly...
On 15 th December 2021, Mubadala Investment Company backed Emirates Global Aluminium (EGA) publicized that Chief Commercial Officer and architect of the marketing strategy that made EGA the biggest ‘premium aluminium’ producer in the world, Walid Al Attar is to step down after 37 years of service...
Two sources directly involved in quarterly price discussions stated on Tuesday, November 30 that one major aluminium manufacturer has offered Japanese customers premiums of US$195 per tonne for January-March (Q1 2022) primary metal shipments, down 11 percent from the Q4 2021. Japan is Asia's...
The aluminium shipments premium to the Japanese buyers for October to December closed at $220 per tonne. This shows an increase of 19% from the previous quarter flaunting higher overseas premium and tight supply, six sources involved directly in pricing talks said. The numbers are higher than the...
After month-long negotiations, a Japanese buyer has reportedly nodded to pay a premium of $220 per tonne for aluminium shipments for the December quarter of 2021, an increase of 19 per cent from the current quarter in tandem with the higher overseas premium, said two sources directly involved in...
European aluminium and aluminium alloy producers have been seeing a strong demand from carmakers and original equipment manufacturers (OEMs) until now in 2021. But some market participants fear a dip in demand as auto sales continue to run below pre-pandemic levels. They also forecast a significant...
The premium for aluminium shipments to Japanese buyers has been set at $185 per tonne for July-September. The premium is higher by 24-25 per cent from the current quarter, reported sources involved in market pricing. During April-June quarter, the premiums for aluminium shipments were $148-$149 per...
According to a recent report, the Q2 2021 premiums for aluminium shipments to Japanese buyers are set at $148-$149 per tonne, which reflect a hike of 14-15 per cent from the March quarter. In Q1 ending on March 31, 2021, the premiums were agreed at $139-$140, an increase of 57-59 per cent from the...
According to a Reuters report, the premium for aluminium shipments to Japanese buyers has been set at $149-$165 per tonne for April-June. That indicated an increase of 15-27 per cent from the current quarter, reported sources involved in market pricing. Japan is the biggest importer of aluminium in...
According to a Reuters report, the premium for aluminium shipments to Japanese buyers has been set at $138-$140 per tonne for January-March. The premium marked an increase of 57-59 per cent from this quarter, reported sources involved in market pricing. The increase in premium was due to recovery...
According to a recent report, the London Metal Exchange will add to its aluminium pricing offering a new cash-settled European duty-paid aluminium premium contract settled against Fastmarkets’ benchmark Rotterdam premium. The news came after Alex Shaw, head of product development and research at...
According to the latest Reuters update, the premium for aluminium shipments to Japanese buyers has been set at $88 per tonne for October-December. The premium is higher by 11 per cent from this quarter, reported sources involved in market pricing. The premium stood higher as industrial demand...
Sumitomo Corporation, Japan’s one of the largest global general trading companies, and a diversified corporation forecast that the Japanese aluminium premium to rise to $90 a tonne in the October-December quarter, from $79 this quarter, as industry demand and stock-financing deals return, as stated...
On 14 th August’20, aluminium primary foundry alloy premiums in Germany and Eastern Europe swing up, after two long years. The growth has sent a positive note to the industry breaking the downfall trend that initiated in 2018. Premiums for aluminium primary foundry alloy in Europe reflected upward...
According to a recent report from Reuters, some Japanese aluminium buyers have agreed to pay $79 per tonne of premium to a global producer for July to September shipments. Compared to the previous quarter premium, it is down by 3.7 per cent, attributing to the lower demand due to the COVID-19...
The United States removing Canada’s exclusion from aluminium tariffs with quotas, focusing to encourage the survival chances of the local producers. The aluminium market has exhibited its price rising in the prospect. However, some US aluminium industry references are expecting the exemption to be...
Japan is likely to continue to see a sluggish primary aluminium demand between July and September, owing to slow aluminium products manufacturing recovery from the COVID-19 pandemic and increased imports from overseas. Discussions over the Japan aluminium premium for the September quarter started...
