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)12/12/2018
|30100YEN (-)||35300YEN (-)|
|0.99US$ (-)||1.16US$ (-)|
* Average of electric furnaces steel maker's purchasing price in Tokyo, Osaka and Nagoya (per ton)