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)02/15/2019
|30300YEN (-)||35200YEN (-)|
|271.9US$ (1.32)||315.87US$ (1.53)|
* Average of electric furnaces steel maker's purchasing price in Tokyo, Osaka and Nagoya (per ton)