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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Japan aluminium buyers agreed to pay premiums of $420 a metric ton in the next quarter as confirmed by the buyers and seller representatives in Japan. That is a record rise from the range of $400 to $408 a ton in the present quarter and a record high for the fourth consecutive time. Japanese buyers...
China imported 14,100 mt of primary aluminum in July, down 31.32% YoY and 4.08% MoM, according to China Customs. The SHFE/LME aluminum price ratio kept falling and dropped below 7.0 at the end of July, adding to import costs. In addition, aluminum premiums overseas are rising steadily, also...
According to Reuter reports, four sources revealed on Tuesday, Rio Tinto is charging a record premium of $420 per tonne from its Japanese buyers for October-December primary metal shipments, which is 3-5 percent higher than the last quarter. Being the biggest importer of the metal, the premium that...
A Japanese auto parts manufacturer is expanding its presence in Blount County by building a new 76,000 square-foot facility and creating 32 new positions. The Blount Partnership and Koide Tennessee Inc. announced Friday the company is expanding its operations in the Stock Creek Development...
Aluminum producer Norsk Hydro AS A's Chief Executive Svein Richard Brandtzaeg said that premiums for the physical delivery of aluminum had risen to record levels this year amid a tighter market, a rise that could continue for the rest of the year. "There's been a surplus situation for many years,...
According to the new chief of Japan’s aluminum industry body, if other carmakers follow in Ford’s footsteps and release models made from the lightweight metal, its price could rise by as much as a third to $2,500 per tonne. While the metal has already seen niche usage in high-end automotive...
State mining company PT Aneka Tambang (Antam) said it would ship its first export of alumina next month from its new factory in Tayan, West Kalimantan. “The factory has been in trial operations for several months,” Antam president director Tato Miraza said on Thursday night as quoted by Antara....
Prices for aluminium could climb around a third to as high as $2,500 per tonne if more U.S. automakers start producing vehicles made from the metal, said the new head of Japan's aluminium industry body. Ford Motor plans to launch a new aluminium-intensive truck this year, with speculation that...
Aluminium settled down -0.22% at 114.15 slipped on Friday but still posted their biggest weekly rise in more than nine months, having earlier hit a four-month peak as U.S. jobs data boosted the demand outlook for industrial metals. Earlier this week prices gained as global aluminium producers have...
Global aluminium producers have done well to curtail output and also successfully ward off the challenge posed by the proposed rule change for London Metal Exchange (LME)-linked warehouses. In the June quarter, aluminium prices on an average have risen 5.3% over the preceding quarter. And a Reuters...
Japan's aluminium premiums for July-September shipments were mostly set at a record high $400-$408 per tonne, up 8-12 percent from the previous quarter, on higher overseas rates and solid local demand, sources directly involved in the talks said. Japan is Asia's biggest importer of the metal and...
Premiums paid to secure aluminum are poised to exceed $500 a metric ton as soon as the coming quarter on stronger demand and limited supplies, according to United Co. Rusal (486), implying a jump of at least 20 percent. At least 75 percent of stockpiles in London Metal Exchange warehouses are tied...
In a major development on the industrial front in Gujarat, the state’s exclusive Japanese industrial estate will be launched in the first week of June, when the first manufacturing unit from the land of the rising sun lays the foundation stone at Vithalapur, located about 95 kilometers north-west...
The top producers of aluminium have offered the Japanese buyers record premium of about $405-410 per ton for the period July-September’s shipments of primary metals, up by 9% from last quarter, said four sources who were involved in the quarterly pricing talks. Japan is the biggest importer of...
United Company RUSAL, the biggest producer of aluminium in the world, has raised its offer prices for the metal to Japan, a latest report says. According to Platts news source, the aluminum giant has offered a premium of $405 per metric ton to London Metal Exchange cash, to Japan buyers, for...
Shipments of rolled-aluminum products by Japanese fabricators to domestic and overseas markets may increase to the highest level in four years as a weaker yen boosts exports, an industry group said. Shipments for the year beginning April 1 are expected to climb to 2 million metric tons, the largest...
Japan Aluminium Alloy Refiners Association announced the outlook for the fiscal year 2014 for demands on secondary aluminium alloy products ingots and secondary aluminium ingots as well as primary aluminium alloy ingots for casting and die casting. According to this, FY2014 demands on secondary...
Steel – and, increasingly – aluminum demand could be hit this quarter if automakers cut back on production. Auto inventory levels have soared over recent months as frigid temperatures and winter storms in the past six weeks have slowed retail sales and showroom traffic, Reuters reported in a recent...
