Industry News

Japan’s aluminum imports hit new high in Oct

Views : 64
Update time : 2024-12-06 20:00:50
Japan's aluminum imports reached the peak of the year in October, totaling nearly 104,000 tons, a month-on-month increase of 41.8% and a year-on-year hike of 20%.

Cumulative imports from January to October amounted to approximately 871,000 tons, down by 0.6% compared to the same period a year ago. India became the largest supplier for the first time. Japanese buyers lowered price expectations so other suppliers turned to other markets.

In October, domestic aluminum product output fell by 1.1% year on year to roughly 150,000 tons, while domestic shipments grew by 1.1% year on year to 151,077 tons, the first increase in three months.

Automobile production remained basically stable and the construction industry was weaker, with the number of new housing projects falling by 0.6% to roughly 68,500 units in September.
Related News
Read More >>
India’s Bansal Wire Industries expends stainless steel wire capacity at Uttar Pradesh facility India’s Bansal Wire Industries expends stainless steel wire capacity at Uttar Pradesh facility
Apr .24.2025
India’s Bansal Wire Industries expends stainless steel wire capacity at Uttar Pradesh facility
China’s alumina exports surge in Mar due to domestic oversupply China’s alumina exports surge in Mar due to domestic oversupply
Apr .24.2025
China’s alumina exports surge in Mar due to domestic oversupply
Ferromolybdenum prices rise sharply in China, raising stainless steel costs Ferromolybdenum prices rise sharply in China, raising stainless steel costs
Apr .24.2025
Ferromolybdenum prices rise sharply in China, raising stainless steel costs
Fagersta Stainless upgrades with Danieli’s new stainless steel blooming mill for high-quality products Fagersta Stainless upgrades with Danieli’s new stainless steel blooming mill for high-quality products
Apr .24.2025
Fagersta Stainless upgrades with Danieli’s new stainless steel blooming mill for high-quality products