Japanese primary aluminium buyers is likely to conclude the premium negotiation with offshore smelters at around US$ 245-246 per tonnes for October-December 2013. Producers including Rio tinto, offered high price, around US$ 250, to keep July-September level. On the other hand, buyers in Japan asked for them to decrease because of off-demand season. But, it is expected to be unsatisfactory result for buyers because range of reduction is limited.
Japan Steel Scrap Composite Prices (Sangyo Press)11/15/2018
|32700YEN (-)||37900YEN (-)|
|285.17US$ (0.67)||330.51US$ (0.77)|
* Average of electric furnaces steel maker's purchasing price in Tokyo, Osaka and Nagoya (per ton)