Japanese premium of primary aluminium is expected to settle at around US$ 65 per tonne CIF Japan for January-March as October-December. The premium finally stops the downward trend after drops for 4 quarters in a row. The suppliers offered flat premium for January-March from the beginning of the negotiation. Japanese buyers accepted the offer while some buyers still insist on certain reduction citing very slow domestic building demand. The premium could increase for April-June depending on the market with relative low inventory and higher freight cost. However, some interests are cautious with some negative factors including US subprime loan impact and slower demand in Europe.
| M | T | W | T | F | S | S |
|---|---|---|---|---|---|---|
| « Sep | ||||||
| 1 | 2 | 3 | ||||
| 4 | 5 | 6 | 7 | 8 | 9 | 10 |
| 11 | 12 | 13 | 14 | 15 | 16 | 17 |
| 18 | 19 | 20 | 21 | 22 | 23 | 24 |
| 25 | 26 | 27 | 28 | 29 | 30 | |
Japan Steel Scrap Composite Prices (Sangyo Press)
2024/11/21| H2 | NewCutting (PRESS) |
| 41300YEN (-) | 43200YEN (-) |
| 264.52US$ (-0.38) | 276.69US$ (-0.39) |
* Average of electric furnaces steel maker's purchasing price in Tokyo, Osaka and Nagoya (per ton)
- JMB Tieup company
- The Korea Metal Journal
- ferro-alloys.com
- Steel on the net
- AMM
- MEPS
