Chinese major secondary aluminium alloy maker, Ye Chiu Metal Recycling (China) became the largest Chinese alloy supplier to Japanese market. The firm’s Taicang plant in Jiangsu Province has kept alloy export to Japan at 10,000-12,000 tonnes per month for recent months. Taicang plant also hit the largest aluminium scrap import volume and the largest alloy production volume as one factory in Chinese secondary aluminium alloy industry. Ye Chiu Metal plans to raise output capacity more and increase its sales share in Japanese market.
Taicang plant has continued full production at 24,000 tonnes per month this year. This is the highest alloy production volume as one plant in China. The plant exports 60% of the output and sells the rest 40% to domestic market. About 70% of the export is bound for Japan. The sales volume temporarily downed after the Japan Earthquake while the order acceptance has recovered since July. The company’s alloy sales to Japan have hit the record volume for recent several months. The company became the biggest Chinese alloy supplier to Japanese market. Japanese secondary aluminium alloy import from China was approximately 40,000 tonnes in August, according to Japanese trade statistics by Ministry of Finance. Thus Ye Chiu Metal’s share seemed 25-30%. Meanwhile, Taicang plant currently imports aluminium scrap at 35,000 tonnes per month. This is also the largest material importing volume as one plant in Chinese secondary aluminium alloy industry. Ye Chiu Metal started alloy production in China in 2003 with output capacity at 6,000 tonnes per month. The recent capacity is official 25,000 tonnes per month. The company has raised the output capacity year by year and increased export of die casting materials, mainly AD12.1 grade alloy, to Japan gradually. The company plans additional capacity expansion and new plant construction. The firm aims to increase alloy sales to Japan more in future.