Nippon Light Metal announced on 14th to discontinue aluminum electrolysis business operated in Kambara Works on March 31st. From now, the firm will supply refined bare metal (high-purity bare metal) based on import bare metal. Kambara Works had only been continuing aluminum smelting business in Japan because the works owned hydro-electric generation. Hence, this closure shows passing of aluminum smelting in Japan.
Japan Steel Scrap Composite Prices (Sangyo Press)05/19/2022
|60500YEN (-1200)||64800YEN (-1100)|
|467.43US$ (-5.98)||500.66US$ (-4.98)|
* Average of electric furnaces steel maker's purchasing price in Tokyo, Osaka and Nagoya (per ton)