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...
Asia’s alumina exports entered 2026 on a strong footing, with shipments to global markets reaching 7.05 million tonnes worth USD 2.76 billion in H1 2026 , up 27.36 per cent year-on-year . The sharp rise in H1 was driven by a quarter-on-quarter surge by a considerable margin. This indicates an...
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China’s imports of alumina increased in the month of August. The country’s imports of alumina totalled 287,138 tonnes in August 2017, up 123 per cent year-on year. During January-August, imports were down at 1.95 million tonnes, according to the latest import-export data published by China General...
Nissan Casting Australia (NCA) will produce die cast aluminium parts for the new Nissan LEAF, the next evolution of its zero-emission electric vehicle. Dandenong South in Victoria secured the contract because cheaper countries could struggle with the highly technical nature of the items, reported...
South Korea is the 9th largest importer in the world. The country’s imports of commodities increased at an annualized rate of 0.6%, from $408B in 2010 to $422B in 2015. South Korea imports large quantities of alumina to meet the domestic demand. Australia and Japan are the top suppliers of alumina...
Some Japanese aluminium buyers have agreed to pay a global producer a premium of $95 per tonne for shipments in the October to December quarter, reflecting lower spot premiums, two sources directly involved in the pricing talks said on Thursday. The new premiums are between 19.5 percent and 20.2...
Nigeria is the 49th largest export economy in the world and the 107th most complex economy according to the Economic Complexity Index (ECI). The country exports raw aluminium and scrap aluminium to name a few around the globe. {newsStudioGallery} Nigeria’s Alscon, an 85%-owned subsidiary of...
A global aluminium producer has offered Japanese buyers a premium of $100 per tonne for primary metal shipments during the October to December period, down 15 per cent to 16 per cent from the current quarter, three sources directly involved in pricing talks said on Monday, September 4. Another...
An old car barn in Japan that houses a 1969 Ferrari 365 GTB/4 Daytona has attracted eyes of antique car lovers and is going to be auctioned in as-is condition. This was a special Ferrari justified by its gorgeous looks, impressive performance and appearance in Miami Vice. The car has been made...
China, being a net importer of alumina, witnessed an increase in alumina import in July 2017, according to the latest import-export data published by China General Customs. China’s import of alumina totalled 284,504 tonnes in July 2017, up 29.36 per cent year-on year. January-July imports were down...
<p>With the LME nearby spreads in backwardation during trading hours in London on Monday, August 14, the seller-buyer gap in Japan’s aluminium import market widened yesterday, reported market sources.</p> <p>August 15 was the deadline for declaring the shipping September cargoes and there...
<p>The global aluminium powder and flakes market is estimated to be valued at US$3,453 million by 2021 growing at a CAGR of 3.51 per cent from US$2,808 million in 2015. The key players in the industry are expected to cash on the opportunities that abound the market during this period. Japan, known...
<p>Japan's aluminium industry is worried that any U.S. trade action to block imports of the metal may result in surplus supply elsewhere and prompt a chain-reaction of retaliation by other nations, the head of a trade body said on Wednesday.</p> <p>U.S. President Donald Trump's administration is...
<p>Leading Japanese two-wheeler manufacturer Yamaha Motor has opened a motor parts manufacturing and assembly training school in India. The opening ceremony of the institute named Yamaha Motor NTTF Training Centre (YNTC) was held last Friday, July 21, at the company’s Chennai plant operated...
<p>The demand for diecasting aluminium alloy in Japan automotive industry is slated to rise 1.5 per cent year-on-year reaching 986,500 million tonnes during FY2017-2018, revealed data released by the Japan Aluminium Alloy Refiners Association. Demand was estimated at 972,200 million tonne last...
<p>Mitsubishi Heavy Industries, Ltd. (MHI) has received an order from Hiroshima Rapid Transit Co., Ltd. for 66 all-aluminium-alloy carriages (11 trains) that will be used on the Hiroshima New Transit Line 1. Known as the "Astram Line," this Automated Guideway Transit (AGT) system connects different...
<p>Japan is one of the biggest aluminium consumers in Asia. The country’s aluminium flat rolled production is on upward trend. The total FRP production in the country was estimated at 1,249.9 thousand tonnes last year. In January 2017, the production reached 91.8 thousand tonnes, rising 2.5...
<p>According to a latest Reuters update, Japan's Q3 aluminium premium has dropped to $118-119/t. July –September premiums have registered a drop first time in 3 quarters. Producers have initially proposed $123-128/t. Now, with the drop in premium, Japanese aluminium buyers will pay up...
<p>Nissin Kogyo Co Ltd a Japanese, Nagano-based manufacturer of automotive parts like brakes, engine parts and knuckles says it plans to set up a new aluminium production factory in Nagano-ken. The company primarily focuses on brake technology and the development, manufacture, and sale...
<p>Kobe Steel, a Japan origin aluminium and steel product maker is expanding its capacity to supply aluminium materials to automakers in Asia and America. The company is aiming to raise aluminium and copper segment's pretax profit 70% to reach 20 billion yen ($183 million) by 2020 from the current...
