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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Russian aluminium company, UC Rusal, which has a major stake in Jamaica's bauxite alumina sector, is set to rake more earnings from aluminium sales in Asia next year. Rusal has asked Japanese buyers of aluminium for an increase as high as 10 per cent. The Russian producer has offered US$270 per ton...
There is clearly a disconnect between the expectations of sellers and buyers in the current negotiations between Japanese buyers and Western smelters, including UC Rusal, Rio Tinto plc, Alcoa Inc. and BHP Billiton, expected to start this week. Meetings are due to take place to set the first quarter...
Aluminum premiums in Japan probably will hold near record levels in the first quarter as Prime Minister Shinzo Abe continues economic stimulus and supply is disrupted, according to four executives who are scheduled to start price negotiations next week. Surcharges for the three months starting in...
Russia's United Company Rusal Plc , the world's biggest aluminium producer, said it had offered January-March shipments of the metal to Japanese buyers at a premium of $270 per tonne, seeking a record high. Japan is Asia's biggest importer of aluminium, and the premiums that it agrees to pay each...
Innovative Australian wine producer, Barokes Wines, has done it again. This time launching the Lovers Wine range of quality lower alcohol wines in aluminium can bottles. Using the slim can bottle technology developed by the Daiwa Can Company, who partnered with Barokes just over twelve months ago,...
Aluminium ingot inventories at three major Japanese ports rose about 8% month-on-month in October, trading house Marubeni Corp’s data showed on Wednesday November 13. The total inventories at Osaka, Yokohama and Nagoya stood at 261,600 tonnes in October, up from 242,300 tonnes in September....
The government and Japanese shareholders of PT Indonesia Asahan Aluminium (Inalum), which operates Southeast Asia’s only aluminum smelter, have in principal agreed on a provisional price for the firm’s assets and a mechanism for ownership transfer. Coordinating Economic Minister Hatta Rajasa said...
Brazilian aluminium exports fell sharply year-on-year in October after increased domestic demand and fewer volumes sent to Europe. Volumes sent abroad totalled 18,802 tonnes, from 43,024 tonnes in October 2012. Revenues in the month totalled $35.36 million, compared with $82.64 million a year ago....
Japan’s exports of aluminum scrap are headed for a record this year as a weaker yen and higher recycling capacity in South Korea boost shipments, according to Mitsui Bussan Metals Co. “This year’s exports will be a record if the yen and aluminum prices remain stable,” said Shigeyuki Fukushima,...
Regional aluminium premiums should gradually decrease to levels last seen 18 to 24 months ago – or even four to five years ago – due to the new London Metal Exchange warehouse policies, Philip Martens, Novelis chairman and ceo, said. “Over time, I think you will see a moderation of regional...
The Japanese owners of Southeast Asia’s only aluminum smelter are seeking an amicable resolution to a dispute with the Indonesian government over its takeover of the plant and are holding off on possible arbitration, Reuters reported. “Our negotiations are still continuing, but both parties think...
Japan's scrap aluminum prices have risen by 5-8% from a month ago due to tightening supply, local trade sources said Tuesday. Prices for telik, used by secondary aluminum alloy smelters, were heard in the range of Yen 135-140/kg ($1,380-1,430/mt) ex-yard this week, up Yen 5-8/kg from a month ago,...
Russia's Rusal, the world's largest aluminum producer, is running its mills at full capacity for billet, slab and foundry alloy production but cutting ingot output, Rusal Marketing CEO Steve Hodgson said in an interview Friday in Tokyo. Later this month, Rusal will start negotiations with Japanese...
Spot premiums for primary aluminum imported into Japan are not affected by Saudi Arabia's Ma'aden smelter closing one potline, but buyers expressed concern Wednesday that the contract premiums for the first quarter of 2014 may be impacted. On October 16, operator Alcoa said the 740,000 mt/year...
Hydro has entered into a binding agreement to sell its aluminium rolling mill in Malaysia to Nippon Foil Mfg. Co., Ltd. (NFM), a wholly owned subsidiary of UACJ Corporation, based in Japan. The transaction value is USD 20 million. The aluminium foil plant in Pasir Gudang, Malaysia started...
Shipments of rolled-aluminum products by Japanese fabricators to domestic and overseas markets expanded 3.6 percent in September, the third straight month of increase, as demand from automakers recovered. Volume rose to 164,532 metric tons last month from 158,835 tons a year earlier, the Japan...
Asian aluminium premiums have been steady ahead of the LME warehousing rule change and with contract talks for 2014 still to start. “[The market is] still very quiet. We are supposed to start talks for next year’s contracts but it’s an uncertain situation because of the [impending changes to] LME...
The House of Representatives agreed on Tuesday to hand over PT Inalum`s management to the State-Owned Enterprises (SOE) Ministry following the government`s decision to acquire it after three years of negotiations with the Japanese government. The House made the decision in its joint meeting with...
