Thai based major secondary aluminium alloy maker, Anglo Asia Trading will start to sell Japanese shredder mix metal. Anglo Asia plans to purchase shredder mix metal from Japanese major nonferrous metal scrap traders and to supply the sorted scrap to Japanese manufacturer’s operation bases in Southeast Asia, including Daiki Aluminium Industry and Honda Trading Corporation. Anglo Asia’s president Chris Hirst explained the company plans to establish a scrap sorting yard in a country among Vietnam, Laos or Cambodia and complete the plant construction within this year.
Mr. Hirst met a reporter of Japan Metal Bulletin in Tokyo and revealed the plan. He told Anglo Asia is presently talking with 3 Japanese major nonferrous metal scrap dealers for the new business. Anglo Asia will decide the supply source of shredder mix metal within next 2-3 months. Japanese shredder mix metal has been mostly exported to China. In recent years, the export has become difficult gradually due to the tighter regulations by Chinese government. Additionally, Mr. Hirst said, Chinese secondary aluminium alloy makers are recently suffered from lower productivity of manual scrap sorting and higher cost due to labor cost upsurge in the country. Anglo Asia plans to purchase shredder mix metal from Japanese scrap dealer and to export the scrap to the newly establishing scrap yard in Southeast Asia. Mix metal will be sorted at the yard and sent to Japanese enterprises’ local bases in Southeast Asia. Anglo Asia will prepare a site of approximately 30,000 square meters for the sorting yard and plans 500 jobs at the operation start. Mr. Hirst gave a market overview that Asian major secondary aluminium alloy makers such as Shanghai Sigma Metals, Ye Chiu Metal Recycling (China) and Daiki Aluminium Industry will obviously increase their productions along with the car market growth in the region. These players would require stable material supply source when aluminium scrap demand is expected to continue increasing and the supply to tighten more, he said. Anglo Asia currently operates secondary aluminium alloy plants in Thailand, Indonesia, Malaysia and Vietnam. Meanwhile, the company sells aluminium scrap generated in Southeast Asia and Europe to the consumers in Japan and other countries.M | T | W | T | F | S | S |
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Japan Steel Scrap Composite Prices (Sangyo Press)
2024/12/04H2 | NewCutting (PRESS) |
41300YEN (-) | 43200YEN (-) |
273.84US$ (0.26) | 286.43US$ (0.26) |
* 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