Japan Alloyed Aluminium Makers Get 2-3 yen/kg Hike in May

Japanese secondary alloyed aluminium makers agreed with the users including die-casting makers to increase the ingot selling price by averaged 2-3 yen per kilogram for May shipment. Though price difference from import item is reduced and price competition heats up, the price increased for 6th straight months because of firm demand and high material price caused by weak yen and shortage of supply.