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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Europe aluminium premium recorded high in February, a rise of 30 % from 2014 beginning, and have stayed at high levels of approximately $360 a tonne above cash aluminium price at LME. Still, the prices are quite low in North America, where the aluminium premiums in Midwest rose to 20.5 cents per lb...
Aluminum buyers in Japan, Asia’s largest importer, are set to agree on a record fee next quarter as global producers reduce output and rates in the United States and Europe surge, said three executives who will start price negotiations next week. The surcharge for the three months starting in April...
A £32 million investment at Japanese car parts factory in Co Antrim has created 100 new jobs. The workforce at the Ryobi Aluminium Casting plant in Carrickfergus will increase to 386 when all the positions are filled. The company manufactures aluminium die casting products for the European...
Japan’s aluminium output and demand saw moderate declines in 2013 amid high inventory levels. Output of value-added aluminium products in 2013 dropped 1.3% year-on-year to 1.95 million tonnes. Production of flats retreated 1.9% to a three-year low of 1.14 million tonnes, according to the Japan...
The global aluminium market looks very well supplied. On the surface, JP Morgan projects primary demand will be 53.1m tonnes in 2014, implying the stock-to-use coverage on the London Metals exchange is 14 weeks or more. Nevertheless, a closer look at the fundamentals reveals a sharp divergence in...
The Saudi Mining Company (Ma’aden) today announced that it has concluded several contracts to supply Asian customers with over 300 KMT of primary aluminum throughout 2014, complementing the 50 KMT in supply agreements made with local and Turkey customers. “Today we announce that Ma’aden has arrived...
Japanese aluminium shipments rose for a fifth month in November, as strong domestic demand offset continued weakness in exports. Shipments jumped 4.9% year-on-year to 168,387 tonnes in November, according to the Japan Aluminium Association (JAA), though volumes were down 5.6% from the previous...
Japanese trading house Marubeni Corp expects London Metal Exchange (LME) aluminium prices to gradually rise next year to as high as $2,300 a tonne in the fourth quarter, on the back of strong demand in Asia and active financial deals. "We have more bullish views for 2014 than some financial...
Brazilian aluminium exports fell sharply year-on-year in November after traditional customers like Japan and Switzerland reported no trade in the month, and domestic demand increased. Volumes sent abroad totalled 10,260 tonnes, from 41,782 tonnes in November 2012. Revenues in the month totalled...
Aluminium buyers in Japan, Asia’s largest importer, agreed to pay a fee matching a record to producers in the first quarter as demand picks up in China, three executives familiar with the situation said. The fee for the three months starting in January was set at $255/tonne over the London Metal...
A Japanese aluminum buyer and a global producer said Wednesday they have agreed to set the contract premium for the first quarter of 2014, at $255/mt plus London Metal Exchange cash, CIF Japan basis, up 3.8% from the current quarter. The deal was for over 500 mt/month shipments of standard primary...
The Indonesian government today formally took over as owner of aluminium producer PT Indonesia Asahan Aluminium (Inalum), Southeast Asia’s only aluminum smelter, ending the 30-year management by a majority-Japanese consortium. Indonesia and Japan signed the Asahan Project takeover agreement at the...
Manufacturing plants are getting brighter and cleaner. A Japanese-based company is adding to this trend with aluminum frames for workstations and factory shelving. SUS Corp. has designed workstations and assembly shelving that is light, clean, and, ultimately, recyclable. The GreenFrame structural...
A venerable brand is resurrected when Sapa Heat Transfer changes its name to Gränges. As part of the restructuring of the Sapa Group, the business area that manufactures rolled aluminium material for the global heat exchanger industry becomes a separate company with its own brand. The new Gränges...
Buyers and sellers involved in the negotiations for Japanese aluminum import contracts for the first quarter of 2014 are moving closer in their premium ideas, sources said Wednesday. One Japanese trader said he had bid $249/mt plus London Metal Exchange cash CIF Japan to overseas producers who have...
Reuters reported that some big aluminum firms have offered Japanese buyers a premium of USD 255 per tonne to USD 256 per tonne for January to March shipments, below the offer from top producer United Company Rusal last week but still around a record high. Sources said that Japan is Asia's biggest...
Japanese consortium Nippon Asahan and the Indonesian government are close to finalizing the handover of the 250,000 mt/year Asahan aluminum smelter, a Japanese source familiar with the negotiations said Monday. "We are continuing the negotiations and are likely to strike an agreement with the...
Offers for Chinese ADC12 aluminum alloys have dropped in the last two days ahead of the close of Toyota Motor's tender seeking 10,000 mt/month of molten aluminum alloy and ingot for January-March 2014 on Monday, Japanese traders said Friday. At least two Chinese alloy producers have reduced offers...
